NAICS 721214 · Restaurants & Hotels
SBA loans for recreational and vacation camps
299 SBA loans worth $182.2M have been approved in this industry since FY2010 - the #449 most-financed NAICS code in the country.
Median loan
$321,000
+78% vs all industries
Typical range
$35K-$1.6M
Middle 80%
Median rate
6.35%
7(a) initial note rate
Median term
20 yr
Charge-off rate
5.2%
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 | Share |
|---|---|---|---|
| Midwest Business Finance Corporation | 40 | $26.0M | |
| Granite State Economic Development Corporation | 8 | $7.4M | |
| Wells Fargo Bank | 15 | $5.6M | |
| Community Trust Bank, Inc. | 3 | $5.5M | |
| Midwest Regional Bank | 4 | $5.4M | |
| Bay Colony Development Corporation | 2 | $5.3M | |
| North Texas Certified Development Corporation | 1 | $4.8M | |
| New England Certified Development Corporation | 3 | $4.7M | |
| Mortgage Capital Development Corporation | 2 | $4.4M | |
| Stone Bank | 2 | $3.6M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Minnesota | 86 | |
| Maine | 14 | |
| Massachusetts | 13 | |
| California | 13 | |
| New York | 13 | |
| Colorado | 12 | |
| Alaska | 12 | |
| Texas | 11 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K12%
- $50K - $150K15%
- $150K - $350K25%
- $350K - $1M30%
- $1M - $2M11%
- Over $2M7%
Nearby
Other restaurants & hotels industries
Full-Service Restaurants43,646 · $250,000Limited-Service Restaurants29,225 · $288,000Hotels (except Casino Hotels) and Motels19,493 · $1,804,000Snack and Nonalcoholic Beverage Bars9,692 · $210,600Full-Service Restaurants9,574 · $185,000Drinking Places6,905 · $200,000Limited-Service Restaurants6,127 · $201,000Caterers3,448 · $125,000
Common questions
- How much do SBA lenders typically lend to a recreational and vacation camps business?
- The median SBA approval in NAICS 721214 is $321,000, with the middle 80% of loans between $35,000 and $1,592,000. Across all industries the median is $180,000.
- Which lenders are most active in recreational and vacation camps?
- By dollars approved: Midwest Business Finance Corporation, Granite State Economic Development Corporation, Wells Fargo Bank, Community Trust Bank, Inc., Midwest Regional 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 recreational and vacation camps considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.2% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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