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Fitness and Recreational Sports Centers: SBA acquisition loans in New Jersey
12 SBA-financed business acquisitions in New Jersey classified as Fitness and Recreational Sports Centers, FY2024–FY2026. Median loan $282K. See which lenders did them.
- Acquisitions financed
- 12
- Total approved
- $5.7M
- Median loan
- $282K
- Middle half of loans
- $211K to $655K
- Median starting rate
- 9.88%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Bank of America, National Association | 3 | 25% | $626K | $1.7M |
| 2 | Manufacturers and Traders Trust Company | 3 | 25% | $200K | $440K |
| 3 | Pathward National Association | 1 | 8% | $1.7M | $1.7M |
| 4 | Milestone Bank | 1 | 8% | $741K | $741K |
| 5 | Live Oak Banking Company | 1 | 8% | $350K | $350K |
| 6 | The First National Bank of Absecon | 1 | 8% | $300K | $300K |
| 7 | Bank Five Nine | 1 | 8% | $263K | $263K |
| 8 | ConnectOne Bank | 1 | 8% | $230K | $230K |
For comparison, the same industry nationwide: 259 loans, median $350K, median starting rate 9.50%. See Fitness and Recreational Sports Centers in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.