SBA Loans for Fitness and Recreational Sports Centers in Rhode Island: Top Lenders

NAICS 713

NAICS 713 covers fitness and recreational sports centers businesses in Rhode Island. Based on historical SBA 7(a) lending data.

Total Approvals

5

in Rhode Island

Median Loan Size

$164,000

per approval

Recent Activity

0

last 90 days through Mar 2025

NAICS 713 covers fitness and recreational sports centers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $164,000.

Key trends & insights

  • Fitness and Recreational Sports Centers in Rhode Island lending is concentrated — Eastern Bank, Navigant CU, Rockland Trust Company together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Eastern Bank leads this industry with 2 approvals (40% market share) and a median loan of $170,500.
  • Fitness and Recreational Sports Centers in Rhode Island loans skew smaller than the SBA average at $164,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Fitness and Recreational Sports Centers in Rhode Island

#LenderApprovalsMedian Size
12$170,500
21$250,000
31$164,000
41$10,000

Recent SBA 7(a) approvals for Fitness and Recreational Sports Centers in Rhode Island

MonthLenderBorrowerAmount
2025-11Cadence BankWho*****LLC$950,000
2025-03TD Bank, National AssociationVel*****LLC$10,000
2025-01Rockland Trust CompanyL&E*****LLC$240,000
2024-12Navigant CUCen*****LLC$275,000
2024-11TD Bank, National AssociationKM *****LLC$40,000
2024-11TD Bank, National AssociationKM *****LLC$15,000
2024-11Rockland Trust CompanyJam*****Inc$164,000
2024-10Rockland Trust CompanyRho*****LLC$795,000
2024-08Bristol County Savings BankFam*****LLC$180,000
2024-07Navigant CUThe*****nc.$1,000,000
2024-07Everwise Credit UnionRip*****nc.$4,450,000
2024-05BankNewportHot*****LLC$50,000
2024-05BankNewportHot*****LLC$70,000
2024-03Readycap Lending, LLCHea*****ing$500,000
2023-08Bristol County Savings BankEAG*****INC$100,000
2022-11Eastern BankJam*****Inc$200,000
2021-06South Eastern Economic Development CorporationSB *****nc.$76,000
2021-05Eastern BankThe*****LLC$141,000
2021-03Brookline Bank, a Division of Beacon Bank and TrustEdw*****LLC$35,000
2020-11Wells Fargo Bank National AssociationHig*****LLC$548,900
2020-06Mechanics Cooperative BankEdw*****nc.$150,000
2019-10Navigant CUALL*****LLC$250,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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