Which lenders are a good match for a Fitness and Recreational Sports Centers SBA loan?
Fitness and Recreational Sports Centers project state SBA 7(a) loan approvals in 2020.
Fitness and Recreational Sports Centers Industry Highlights
In 2020 the Fitness and Recreational Sports Centers industry ranked #7 in SBA 7(a) number of loan approvals and was the #15 ranked industry for loan approval amounts.
All-time there have been 1,603 lenders who have approved 17,514 SBA 7(a) loan approvals to Fitness and Recreational Sports Centers businesses for $4,973,458,817. Loan approvals went to borrowers from 4,060 cities for projects in 50 states.
In 2020 Fitness and Recreational Sports Centers businesses received 674 SBA 7(a) loan approvals from 236 lenders for $303,760,500. The average loan approval amount in 2020 was $450,683. Approvals went to borrowers from 440 cities for projects in 46 states.
For 2020 franchised Fitness and Recreational Sports Centers SBA lending there were 123 lenders who approved 413 SBA 7(a) loans for $174,027,600 for an average loan amount of $421,374.
Our forecast model projects the Fitness and Recreational Sports Centers industry receiving $319 million in SBA 7(a) approvals in 2021.
Read our Industry page on Fitness and Recreational Sports Centers SBA lending for a full report, but below are a few highlights:
Historical SBA 7(a) Lending for the Fitness and Recreational Sports Centers Industry
2020 Top 25 SBA Lenders
Fitness and Recreational Sports Centers
Loan Approvals
Approval Amounts
Fitness and Recreational Sports Centers SBA 7(a) Loan Amounts
Average SBA 7(a) loan approval amount in 2020 was $450,683.
62.61% of approved loans in 2020 were for loan amounts up to $350,000.
27% of approved loans in 2020 were for loan amounts up to $150,000.
7.86% of approved loans in 2020 were for loan amounts over $1 million.
3.71% of loan approvals were for multi-million loan amounts.
Fitness and Recreational Sports Centers SBA 7(a) Lending Forecast
Our forecast model projects the Fitness and Recreational Sports Centers industry receiving $319 million in SBA 7(a) approvals in 2021.
See our full (and free) SBA report on Fitness and Recreational Sports Centers
This report has about everything a small business owner would want to know about SBA 7(a) loans to Fitness and Recreational Sports Centers. See the 2020 top ranked lenders and franchise brands by loan amounts, default data, our SBA lending forecasts, the top project states and borrower cities, and more.
