Best SBA 7(a) lenders for fitness and recreational sports centers
NAICS 713940 — Fitness and Recreational Sports Centers.
6,770 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $2.76B.
Loans
6,770
Total $
$2.76B
Avg loan
$408K
Avg rate
8.85%
Avg term
125 mo
Industry chg-off rate
2.45%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 1,277 | $317.7M | $249K | 9.47% | 1.35% |
| 2 | Newtek Bank, National Association | 228 | $63.9M | $280K | 11.36% | 0.00% |
| 3 | Manufacturers and Traders Trust Company | 197 | $26.6M | $135K | 9.94% | 8.33% |
| 4 | Citizens Bank | 183 | $91.4M | $500K | 9.02% | 3.41% |
| 5 | U.S. Bank, National Association | 171 | $35.6M | $208K | 8.61% | 4.11% |
| 6 | Live Oak Banking Company | 165 | $165.0M | $1.0M | 8.05% | 2.04% |
| 7 | KeyBank National Association | 135 | $59.9M | $444K | 7.67% | 0.00% |
| 8 | Cadence Bank | 130 | $59.9M | $460K | 7.53% | 1.92% |
| 9 | Wells Fargo Bank National Association | 126 | $27.7M | $220K | 8.99% | 6.98% |
| 10 | TD Bank, National Association | 120 | $25.3M | $211K | 10.02% | 5.36% |
| 11 | First Bank of the Lake | 118 | $66.6M | $564K | 10.47% | 0.00% |
| 12 | Readycap Lending, LLC | 107 | $37.3M | $349K | 12.01% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 100 | $40.2M | $402K | 7.62% | 1.00% |
| 14 | Northeast Bank | 98 | $10.9M | $111K | 10.93% | 0.00% |
| 15 | BayFirst National Bank | 73 | $11.3M | $155K | 11.66% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 713940. Charge-off rates are calculated on the FY2020–FY2023 cohort only.