SBA Loans for Boat Dealers: Top Lenders & Recent Approvals
NAICS 441NAICS 441 covers boat dealers businesses. Based on historical SBA 7(a) lending data.
Total Approvals
720
for Boat Dealers
Median Loan Size
$250,000
per approval
Recent Activity
49
last 90 days through Dec 2025
NAICS 441 covers boat dealers businesses. This is a moderately active sector for SBA 7(a) lending with 720 approvals and a median loan size of $250,000.
Key trends & insights
- SBA lending to boat dealers businesses grew 11% year-over-year — from 142 to 158 approvals.
- The typical loan size for boat dealers has increased 33% — average median moving from $193,383 to $257,167.
- Loan sizes vary dramatically by location — the median in Kansas ($649,800) is 10.8x higher than Puerto Rico ($60,000).
Lending trends for Boat Dealers
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 41 | $20,000 | |
| 2 | 39 | $211,000 | |
| 3 | 38 | $150,000 | |
| 4 | 34 | $200,000 | |
| 5 | 31 | $50,000 | |
| 6 | 25 | $350,000 | |
| 7 | 17 | $150,000 | |
| 8 | 16 | $254,000 | |
| 9 | 13 | $585,000 | |
| 10 | 13 | $3,600,000 | |
| 11 | 13 | $100,000 | |
| 12 | 13 | $100,000 | |
| 13 | 13 | $100,000 | |
| 14 | 13 | $150,000 | |
| 15 | 12 | $680,000 | |
| 16 | 11 | $70,400 | |
| 17 | 11 | $302,500 | |
| 18 | 11 | $1,050,000 | |
| 19 | 10 | $350,000 | |
| 20 | 10 | $150,000 |
Recent SBA 7(a) approvals for Boat Dealers
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Citizens National Bank of Meridian | Six*****nc. | HORN LAKE, MS | $328,800 |
| 2025-12 | TD Bank, National Association | Del*****LLC | PENNSVILLE, NJ | $200,000 |
| 2025-12 | Northeast Bank | VAR*****NC. | FAIRFIELD, CA | $350,000 |
| 2025-12 | OakStar Bank | KEN*****LLC | JOPLIN, MO | $32,000 |
| 2025-12 | Newtek Bank, National Association | Kil*****LLC | GREEN COVE SPRINGS, FL | $25,000 |
| 2025-11 | Harvest Small Business Finance, LLC | 7 D***** SA | SANTA ANA, CA | $2,467,000 |
| 2025-11 | East West Bank | IND*****INC | COLTON, CA | $748,000 |
| 2025-11 | Stearns Bank National Association | MOH*****NC. | PINE CITY, MN | $80,000 |
| 2025-11 | KeyBank National Association | AVE*****LLC | WILLOWICK, OH | $10,000 |
| 2025-11 | Port 51 Lending LLC | Gar*****LLC | Elizabeth, NJ | $3,740,000 |
| 2025-11 | Northeast Bank | Uni*****llc | Henderson, NC | $153,100 |
| 2025-11 | Banco Popular de Puerto Rico | M.A*****LLC | SAN JUAN, PR | $25,000 |
| 2025-11 | First Internet Bank of Indiana | Nar*****oup | PHILADELPHIA, PA | $1,700,000 |
| 2025-11 | Celtic Bank Corporation | ROW*****NC. | TACOMA, WA | $4,578,000 |
| 2025-08 | JPMorgan Chase Bank, National Association | Rb *****Llc | STEUBENVILLE, OH | $100,000 |
| 2025-08 | Northeast Bank | RG *****INC | Fair Oaks, CA | $211,000 |
| 2025-08 | Newtek Bank, National Association | SHO*****OUP | SACRAMENTO, CA | $250,000 |
| 2025-08 | U.S. Bank, National Association | IBR*****MOV | SAINT JOHNS, FL | $50,000 |
| 2025-08 | Gulf Coast Bank and Trust Company | Coa*****.C. | GULF BREEZE, FL | $3,200,000 |
| 2025-08 | The Huntington National Bank | SUN*****LLC | WATERFORD, MI | $100,000 |
| 2025-08 | Northeast Bank | S &*****LLC | Sacramento, CA | $350,000 |
| 2025-08 | The Huntington National Bank | SUN*****LLC | WATERFORD, MI | $1,089,000 |
| 2025-08 | Lendistry SBLC, LLC | ALP*****UYS | TYLER, TX | $910,000 |
| 2025-08 | Newtek Bank, National Association | TRE*****INC | Malvern, PA | $100,000 |
| 2025-08 | Midwest Regional Bank | Red*****rts | GOODYEAR, AZ | $995,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 114 |
| 2 | Texas | 63 |
| 3 | Florida | 57 |
| 4 | Arizona | 28 |
| 5 | Washington | 26 |
| 6 | Michigan | 25 |
| 7 | Utah | 25 |
| 8 | New York | 24 |
| 9 | Wisconsin | 23 |
| 10 | Ohio | 21 |
| 11 | Georgia | 19 |
| 12 | New Jersey | 19 |
| 13 | Colorado | 17 |
| 14 | Indiana | 17 |
| 15 | Pennsylvania | 16 |
| 16 | Oregon | 16 |
| 17 | Missouri | 15 |
| 18 | Puerto Rico | 15 |
| 19 | North Carolina | 14 |
| 20 | Minnesota | 11 |
| 21 | Idaho | 10 |
| 22 | Illinois | 10 |
| 23 | Massachusetts | 10 |
| 24 | South Carolina | 10 |
| 25 | Virginia | 9 |
SBA loans for Boat Dealers by state
Similar industries
All Other Specialty Food Stores
NAICS 445 · 2,259 approvals
Nursery and Garden Centers
NAICS 444 · 486 approvals
Gasoline Stations with Convenience Stores
NAICS 447 · 362 approvals
NAICS 449
NAICS 449 · 345 approvals
Jewelry Stores
NAICS 448 · 284 approvals
Pharmacies and Drug Stores
NAICS 446 · 263 approvals
All Other Home Furnishings Stores
NAICS 442 · 167 approvals
Electronics Stores
NAICS 443 · 46 approvals
Frequently asked questions about SBA loans for Boat Dealers
Who are the top SBA lenders for Boat Dealers?▾
Based on historical SBA 7(a) data, the most active lenders for Boat Dealers (NAICS 441) include Wells Fargo Bank, National Association, Northeast Bank, Bayfirst National Bank, and 17 more. Wells Fargo Bank, National Association leads with 41 approved loans.
What is the typical SBA loan size for Boat Dealers?▾
The median SBA 7(a) loan amount for Boat Dealers businesses is $250,000, based on 720 total approved loans in the dataset.
Which states have the most SBA lending activity for Boat Dealers?▾
California leads with 114 SBA 7(a) approvals for Boat Dealers, followed by Texas (63) and Florida (57).
How do I find the best SBA lender for my boat dealers business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 441. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.
Find your best-fit SBA lenders
Get a personalized lender ranking based on your specific business details.
Get your lender shortlist