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 30% year-over-year — from 357 to 465 approvals.
- Total SBA dollars flowing into this industry increased by 38% year-over-year, reaching $434,092,400 in the trailing 12 months.
- 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 | 59 | $15,000 | |
| 2 | 52 | $150,000 | |
| 3 | 50 | $200,000 | |
| 4 | 49 | $250,000 | |
| 5 | 34 | $50,000 | |
| 6 | 29 | $390,900 | |
| 7 | 23 | $3,075,000 | |
| 8 | 21 | $150,000 | |
| 9 | 18 | $254,000 | |
| 10 | 18 | $150,000 | |
| 11 | 17 | $100,000 | |
| 12 | 17 | $120,000 | |
| 13 | 17 | $805,000 | |
| 14 | 16 | $50,000 | |
| 15 | 16 | $1,728,000 | |
| 16 | 15 | $100,000 | |
| 17 | 14 | $600,000 | |
| 18 | 14 | $65,000 | |
| 19 | 14 | $350,000 | |
| 20 | 14 | $695,000 |
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 | WaFd Bank | Enr*****LLC | LEANDER, TX | $30,000 |
| 2025-12 | Newtek Bank, National Association | Ad *****LLC | LAWRENCE, KS | $50,000 |
| 2025-12 | Live Oak Banking Company | Whe*****orp | MAGNA, UT | $1,197,500 |
| 2025-12 | Newtek Bank, National Association | Tra*****LLC | Smithfield, NC | $150,000 |
| 2025-12 | Northeast Bank | RYA*****LLC | Lacombe, LA | $83,000 |
| 2025-12 | Harvest Small Business Finance, LLC | Whe*****als | CRYSTAL RIVER, FL | $647,500 |
| 2025-12 | Banco Popular de Puerto Rico | T2G****LLC | BAYAMON, PR | $212,000 |
| 2025-12 | Banco Popular de Puerto Rico | T2G****LLC | BAYAMON, PR | $25,000 |
| 2025-12 | Northeast Bank | LeP*****orp | Fosston, MN | $300,000 |
| 2025-12 | Zions Bank, A Division of | Blu*****LLC | ROSENBERG, TX | $25,000 |
| 2025-12 | Banco Popular de Puerto Rico | T2G****LLC | BAYAMON, PR | $75,000 |
| 2025-12 | Celtic Bank Corporation | DRI*****ION | PLANT CITY, FL | $150,000 |
| 2025-12 | Wells Fargo Bank National Association | MQ *****NC. | MESQUITE, TX | $926,600 |
| 2025-12 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Lil*****nc. | SAN BERNARDINO, CA | $150,000 |
| 2025-12 | Zions Bank, A Division of | Blu*****LLC | ROSENBERG, TX | $150,000 |
| 2025-12 | Northeast Bank | Gut*****LLC | Federal Way, WA | $87,500 |
| 2025-12 | Manufacturers and Traders Trust Company | F&C*****LLC | AUBURN, NY | $5,000 |
| 2025-12 | Pathward National Association | Pre*****ers | SCHOOLCRAFT, MI | $2,462,000 |
| 2025-12 | MISSINGMAINBANKID | Bob*****nc. | Ottawa, KS | $2,585,000 |
| 2025-12 | TD Bank, National Association | Del*****LLC | PENNSVILLE, NJ | $200,000 |
| 2025-12 | Newtek Bank, National Association | Kil*****LLC | GREEN COVE SPRINGS, FL | $25,000 |
| 2025-12 | OakStar Bank | KEN*****LLC | JOPLIN, MO | $32,000 |
| 2025-12 | Northeast Bank | VAR*****NC. | FAIRFIELD, CA | $350,000 |
| 2025-12 | Northwest Bank | Vp *****LLC | PLEASANT GROVE, UT | $100,000 |
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
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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, Bayfirst National Bank, Newtek Bank, National Association, and 17 more. Wells Fargo Bank, National Association leads with 59 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.
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