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Fitness and Recreational Sports Centers: SBA acquisition loans in New York
14 SBA-financed business acquisitions in New York classified as Fitness and Recreational Sports Centers, FY2024–FY2026. Median loan $747K. See which lenders did them.
- Acquisitions financed
- 14
- Total approved
- $16.1M
- Median loan
- $747K
- Middle half of loans
- $510K to $1.2M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Rhinebeck Bank | 2 | 14% | $3.4M | $6.7M |
| 2 | First Heritage Federal Credit Union | 2 | 14% | $248K | $496K |
| 3 | Pathward National Association | 1 | 7% | $2.2M | $2.2M |
| 4 | Gulf Coast Bank and Trust Company | 1 | 7% | $1.2M | $1.2M |
| 5 | Hanover Community Bank | 1 | 7% | $1.2M | $1.2M |
| 6 | First Bank of Central Ohio | 1 | 7% | $965K | $965K |
| 7 | Coastal States Bank | 1 | 7% | $803K | $803K |
| 8 | First Bank of the Lake | 1 | 7% | $692K | $692K |
| 9 | New York Business Development Corporation | 1 | 7% | $650K | $650K |
| 10 | Manufacturers and Traders Trust Company | 1 | 7% | $540K | $540K |
| 11 | Live Oak Banking Company | 1 | 7% | $500K | $500K |
| 12 | The Huntington National Bank | 1 | 7% | $50K | $50K |
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.