SBA lending data · fiscal year 2025

12 lenders funded fitness and recreational sports centers in Maryland last year

27 SBA 7(a) loans approved under NAICS 713940. Median approval $185,000, median term 120 months, median initial rate 10%.

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What was actually approved

27
loans approved
12
distinct lenders
$29k
25th percentile
$434k
75th percentile

Half of all approvals in this industry and state fell between $29,000 and $433,500. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.

The most active lenders

Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.

  1. 1Manufacturers and Traders Trust Company14 loans · $2.7M
  2. 2WesBanco Bank, Inc.2 loans · $1.1M
  3. 3The Huntington National Bank2 loans · $0.6M
  4. 4Somerset Trust Company1 loan · $0.1M
  5. 5TD Bank, National Association1 loan · $0M
  6. 6Newtek Bank, National Association1 loan · $0.8M
  7. 7First Business Bank1 loan · $3.7M
  8. 8Citizens Bank1 loan · $0.5M
  9. 9Univest Bank and Trust Co1 loan · $0.4M
  10. 10Live Oak Banking Company1 loan · $0.3M
  11. 11Northeast Bank1 loan · $0.1M
  12. 12Enterprise Bank & Trust1 loan · $3.6M

This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.

Is this industry getting easier or harder to finance?

Fiscal yearLoansLendersMedian approval
FY2023219$150,000
FY20241910$189,000
FY20252712$185,000

Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.

Where this comes from

The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.

This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other industries in Maryland

Fitness and Recreational Sports Centers in other states

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