How much do SBA lenders typically lend to a fitness and recreational sports centers business?

The median SBA approval in NAICS 713940 is $232,000, with the middle 80% of loans between $25,000 and $1,021,000. Across all industries the median is $180,000.

Which lenders are most active in fitness and recreational sports centers?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, Live Oak Banking Company, U.S. Bank, Byline Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is fitness and recreational sports centers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.0% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 713940 · Arts & Recreation

SBA loans for fitness and recreational sports centers

17,261 SBA loans worth $7.57B have been approved in this industry since FY2010 - the #5 most-financed NAICS code in the country.

Median loan

$232,000

+29% vs all industries

Typical range

$25K-$1.0M

Middle 80%

Median rate

7.10%

7(a) initial note rate

Median term

10 yr

Charge-off rate

11.0%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
The Huntington National Bank	1,994	$530.6M
Wells Fargo Bank	1,164	$410.2M
Live Oak Banking Company	242	$228.7M
U.S. Bank	547	$207.3M
Byline Bank	147	$182.7M
Citizens Bank	241	$121.1M
KeyBank	264	$118.2M
JPMorgan Chase Bank	465	$110.6M
Newtek Small Business Finance, Inc.	184	$94.1M
Stearns Bank	381	$92.9M

Geography

Where these loans were made

State	Loans	Share
California	1,661
Texas	1,581
Florida	1,043
New York	935
Ohio	767
Illinois	618
New Jersey	612
Pennsylvania	583

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
17%
$50K - $150K
20%
$150K - $350K
25%
$350K - $1M
27%
$1M - $2M
7%
Over $2M
4%

Nearby

Other arts & recreation industries

See the sector

All Other Amusement and Recreation Industries6,528 · $298,250 Independent Artists, Writers, and Performers1,634 · $50,000 Bowling Centers1,123 · $477,500 Promoters of Performing Arts, Sports, and Similar Events with Facilities1,015 · $216,200 Amusement Arcades893 · $210,000 Golf Courses and Country Clubs829 · $499,500 Promoters of Performing Arts, Sports, and Similar Events without Facilities684 · $65,000 Marinas526 · $500,000

Common questions

How much do SBA lenders typically lend to a fitness and recreational sports centers business?: The median SBA approval in NAICS 713940 is $232,000, with the middle 80% of loans between $25,000 and $1,021,000. Across all industries the median is $180,000.
Which lenders are most active in fitness and recreational sports centers?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, Live Oak Banking Company, U.S. Bank, Byline Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is fitness and recreational sports centers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.0% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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