Sports and Recreation Instruction: SBA acquisition lenders
41 SBA 7(a) loans financed acquisitions classified as Sports and Recreation Instruction nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 41
- Total approved
- $36.3M
- Median loan
- $402K
- Middle half of loans
- $225K to $984K
- Median starting rate
- 8.50%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 3 | 7% | $390K | $1.1M |
| 2 | Heritage Bank Inc | 2 | 5% | $3.0M | $6.1M |
| 3 | FWBank | 2 | 5% | $1.6M | $3.1M |
| 4 | United Community Bank | 2 | 5% | $1.5M | $2.9M |
| 5 | Byline Bank | 2 | 5% | $829K | $1.7M |
| 6 | The Huntington National Bank | 2 | 5% | $800K | $1.6M |
| 7 | Chelsea State Bank | 2 | 5% | $553K | $1.1M |
| 8 | Trustmark Bank | 2 | 5% | $355K | $710K |
| 9 | Rockland Trust Company | 2 | 5% | $198K | $396K |
| 10 | First Bank of the Lake | 1 | 2% | $4.4M | $4.4M |
| 11 | Prosperity Bank | 1 | 2% | $3.2M | $3.2M |
| 12 | First Internet Bank of Indiana | 1 | 2% | $1.2M | $1.2M |
| 13 | Truliant FCU | 1 | 2% | $984K | $984K |
| 14 | BankUnited, National Association | 1 | 2% | $977K | $977K |
| 15 | Celtic Bank Corporation | 1 | 2% | $962K | $962K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Texas | 6 | $738K | $7.8M |
| California | 5 | $962K | $7.3M |
| Massachusetts | 4 | $198K | $3.5M |
| Wisconsin | 3 | $658K | $1.6M |
| New York | 2 | $1.1M | $2.1M |
| Ohio | 2 | $800K | $1.6M |
| Florida | 2 | $690K | $1.4M |
| Michigan | 2 | $553K | $1.1M |
| New Jersey | 2 | $434K | $869K |
| Utah | 2 | $210K | $419K |
| Kentucky | 1 | $5.0M | $5.0M |
| Missouri | 1 | $830K | $830K |
| Hawaii | 1 | $635K | $635K |
| Pennsylvania | 1 | $390K | $390K |
| South Dakota | 1 | $350K | $350K |
| Mississippi | 1 | $308K | $308K |
| Minnesota | 1 | $286K | $286K |
| Alabama | 1 | $264K | $264K |
| Oregon | 1 | $225K | $225K |
| Arkansas | 1 | $110K | $110K |
| Maine | 1 | $104K | $104K |