Retail Trade
SBA Lenders for Sporting Goods & Hobby
Top lenders ranked by real SBA lending data for sporting goods & hobby nationwide.
What Borrowers Should Know
Sporting goods borrowers enjoy a 20 basis point pricing advantage compared to the national median 7(a) spread. Your industry's median P+2.55% versus the national P+2.75% suggests lenders view this sector as slightly lower-risk, which could translate to real savings—on a $375,000 loan, that's roughly $750/year in reduced interest costs.
Wells Fargo dominates this sector with 243 deals—nearly 12% of all sporting goods SBA loans—while the next four largest lenders control only 338 deals combined. This concentration means you'll face the most efficient underwriting from Wells Fargo but less pricing leverage; consider starting conversations with regional or mid-sized lenders among the 434 active options to increase negotiating power.
California, Florida, and Colorado account for 1,136 of 2,027 deals (56% of the market), while your state may have dramatically fewer active lenders if you're outside these hubs. If you're in a top-3 state, expect faster processing and more loan programs; if not, you'll likely need to work with lenders doing national business rather than local specialists, which typically means longer timelines.
Total SBA Loans
6,623
Active Lenders
1,052
Avg Deal Size
$303K
Total Volume
$2.0B
Sporting Goods & Hobby SBA loans average $303K in deal size across 6,623 total loans. The median 7(a) spread in this segment is P + 2.51%.
Top Lenders for Sporting Goods & Hobby
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | Bank | 466 | $239K | P + 3.16%ABOVE AVG | |
| 2 | The Huntington National Bank | Bank | 383 | $150K | P + 2.39%AVERAGE | |
| 3 | JPMorgan Chase Bank, National Association | Bank | 311 | $170K | P + 2.68%AVERAGE | |
| 4 | U.S. Bank, National Association | Bank | 302 | $244K | P + 2.68%AVERAGE | |
| 5 | Manufacturers and Traders Trust Company | Bank | 184 | $112K | P + 2.37%AVERAGE | |
| 6 | TD Bank, National Association | Bank | 128 | $103K | P + 3.05%ABOVE AVG | |
| 7 | PNC Bank, National Association | Bank | 111 | $222K | P + 2.64%AVERAGE | |
| 8 | Zions Bank, A Division of | Bank | 108 | $279K | P + 2.63%AVERAGE | |
| 9 | Truist Bank | Bank | 92 | $327K | P + 1.92%GOOD | |
| 10 | KeyBank National Association | Bank | 92 | $180K | P + 2.57%AVERAGE | |
| 11 | Columbia Bank | Bank | 87 | $218K | P + 3.23%ABOVE AVG | |
| 12 | VelocitySBA, LLC | Bank | 72 | $14K | P + 4.37%HIGH | |
| 13 | Celtic Bank Corporation | Bank | 66 | $314K | P + 2.94%ABOVE AVG | |
| 14 | Eastern Bank | Bank | 64 | $141K | P + 1.93%GOOD | |
| 15 | Citizens Bank, National Association | Bank | 59 | $189K | P + 2.40%AVERAGE |
Top States for Sporting Goods & Hobby
Where sporting goods & hobby SBA lending is most active.