BlogRankingIndustryBest Gyms & Fitness Centers SBA Lenders of 2026

Best Gyms & Fitness Centers SBA Lenders of 2026

February 2, 2026
Industry, Ranking
5 min read

Best Gyms & Fitness Centers SBA Lenders of 2026

$617.4M
Total Funded

1,468
Loans Approved

$421K
Avg Loan Size

9.95%
Avg Interest Rate

273
Active Lenders

SBA Loans for Gyms & Fitness Centers Businesses

The Gyms & Fitness Centers industry received $617.4M in SBA 7(a) loans across 1,468 businesses in 2025. With 273 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Gyms & Fitness Centers industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Gyms & Fitness Centers businesses is $421K with an average rate of 9.95%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Gyms & Fitness Centers businesses by business stage:

🚀 Startups
64%
$435.2M • 945 loans

🏢 Existing Businesses
30%
$134.4M • 439 loans

🔄 Business Acquisitions
6%
$47.5M • 82 loans

Top 50 SBA Lenders for Gyms & Fitness Centers (2025)

These are the banks that funded the most SBA 7(a) loan volume to Gyms & Fitness Centers businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 The Huntington National Bank $84.6M 306 9.86%
2 Live Oak Banking Company $38.9M 46 9.64%
3 Newtek Bank, National Association $28.8M 110 10.85%
4 Citizens Bank $21.2M 39 10.12%
5 First Business Bank $20.6M 6 9.92%
6 Byline Bank $20.6M 12 10.21%
7 First Bank of the Lake $16.5M 25 10.19%
8 Readycap Lending, LLC $13.3M 20 10.53%
9 First Internet Bank of Indiana $12.2M 8 10.19%
10 Zions Bank, A Division of $11.4M 30 9.94%
11 U.S. Bank, National Association $10.1M 43 9.39%
12 Cadence Bank $9.6M 15 9.97%
13 Manufacturers and Traders Trust Company $9.5M 69 10.93%
14 KeyBank National Association $8.8M 26 10.11%
15 Northwest Bank $8.4M 10 9.57%
16 Platinum Bank $7.9M 14 9.91%
17 Climate First Bank $7.6M 10 10.15%
18 Pathward National Association $7.2M 4 10.25%
19 Celtic Bank Corporation $7.2M 20 10.25%
20 Enterprise Bank & Trust $6.8M 3 7.92%
21 VelocitySBA, LLC $6.8M 7 10.29%
22 Northeast Bank $6.6M 53 11.37%
23 Wilmington Savings Fund Society FSB $6.1M 6 9.79%
24 FWBank $5.8M 10 9.95%
25 Magnifi Financial CU $5.1M 14 10.16%
26 Fidelity Bank $4.9M 1 8.50%
27 Port 51 Lending LLC $4.6M 5 9.85%
28 First Commonwealth Bank $4.4M 11 10.07%
29 Wells Fargo Bank National Association $4.3M 18 10.87%
30 First National Bank of Pennsylvania $4.2M 6 9.38%
31 Meridian Bank $4.0M 6 9.96%
32 Craft Bank $3.8M 4 10.38%
33 Royal Business Bank $3.8M 1 8.50%
34 Harvest Small Business Finance, LLC $3.6M 4 10.13%
35 Brookline Bank, a Division of Beacon Bank and Trust $3.6M 3 8.48%
36 Atlantic Union Bank $3.5M 6 9.25%
37 The Bancorp Bank National Association $3.5M 5 8.65%
38 Quaint Oak Bank $3.5M 6 9.92%
39 Rockland Trust Company $3.4M 11 7.18%
40 Bank of America, National Association $3.3M 8 7.90%
41 Hanover Community Bank $3.3M 6 10.38%
42 PlainsCapital Bank $3.2M 1 7.00%
43 American Bank of Freedom $3.1M 2 9.25%
44 Pinnacle Bank $3.0M 4 9.38%
45 BayFirst National Bank $3.0M 13 11.63%
46 HomeTrust Bank $2.9M 5 10.10%
47 Community Bank & Trust-West Georgia $2.8M 3 10.00%
48 Fortis Bank $2.8M 3 9.33%
49 Dogwood State Bank $2.7M 2 9.63%
50 Stock Yards Bank & Trust Company $2.7M 3 7.42%

🚀 Best Lenders for Gyms & Fitness Centers Startups

Starting a new fitness and recreational sports centers business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 The Huntington National Bank $78.6M 281 9.87%
2 First Business Bank $20.6M 6 9.92%
3 Byline Bank $20.3M 11 10.20%
4 Citizens Bank $17.9M 35 10.11%
5 First Bank of the Lake $16.2M 23 9.90%
6 Live Oak Banking Company $11.6M 17 9.95%
7 Newtek Bank, National Association $10.4M 28 10.69%
8 First Internet Bank of Indiana $10.4M 7 10.18%
9 Readycap Lending, LLC $9.1M 14 10.14%
10 KeyBank National Association $8.2M 20 9.97%

🔄 Best Lenders for Gyms & Fitness Centers Acquisitions

Looking to buy an existing fitness and recreational sports centers business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 Live Oak Banking Company $9.0M 10 9.45%
2 Pathward National Association $5.9M 3 10.17%
3 Brookline Bank, a Division of Beacon Bank and Trust $3.2M 1 9.75%
4 Zions Bank, A Division of $2.4M 3 8.33%
5 Truliant FCU $1.7M 2 10.38%
6 Bank of America, National Association $1.7M 3 6.61%
7 The Huntington National Bank $1.6M 10 9.55%
8 Citizens Bank $1.5M 2 10.00%
9 Wilson Bank & Trust $1.3M 1 9.75%
10 Hanover Community Bank $1.2M 1 10.00%

🏢 Best Lenders for Existing Gyms & Fitness Centers Businesses

Already running an established fitness and recreational sports centers business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Newtek Bank, National Association $18.4M 82 10.91%
2 Live Oak Banking Company $18.3M 19 9.47%
3 U.S. Bank, National Association $7.3M 35 9.36%
4 Northeast Bank $6.1M 45 11.26%
5 Fidelity Bank $4.9M 1 8.50%
6 The Huntington National Bank $4.5M 15 9.82%
7 Readycap Lending, LLC $4.1M 6 11.42%
8 Port 51 Lending LLC $3.5M 3 9.67%
9 Wilmington Savings Fund Society FSB $3.5M 1 10.00%
10 Enterprise Bank & Trust $3.2M 2 7.75%

Top States for Gyms & Fitness Centers SBA Loans

Here are the states with the highest SBA lending volume for Gyms & Fitness Centers businesses:

Rank State Volume Loans
1 Texas $79.1M 136
2 California $71.3M 174
3 Florida $56.0M 107
4 New York $45.2M 102
5 Georgia $30.8M 47
6 New Jersey $30.1M 79
7 Washington $29.0M 46
8 Pennsylvania $22.7M 64
9 North Carolina $22.0M 37
10 Arizona $19.0M 42
11 Illinois $18.1M 56
12 Colorado $16.8M 51
13 Massachusetts $14.2M 40
14 Maryland $12.7M 27
15 Virginia $12.6M 36
16 Tennessee $11.6M 28
17 Ohio $11.5M 42
18 Minnesota $10.9M 34
19 South Carolina $9.8M 25
20 Missouri $9.7M 26
21 Michigan $9.5M 36
22 Utah $8.7M 27
23 Louisiana $6.6M 4
24 Nevada $5.9M 11
25 Indiana $5.3M 23
26 Wisconsin $5.3M 15
27 Kentucky $4.5M 10
28 Kansas $4.0M 8
29 Alabama $4.0M 14
30 Connecticut $3.5M 17
31 New Hampshire $3.1M 8
32 Oregon $2.8M 15
33 Oklahoma $2.5M 10
34 Iowa $2.3M 11
35 Idaho $2.0M 8
36 Nebraska $1.9M 6
37 Mississippi $1.4M 3
38 South Dakota $1.4M 3
39 Rhode Island $1.2M 3
40 New Mexico $1.2M 5
41 Arkansas $1.1M 2
42 Montana $1.0M 5
43 North Dakota $983K 2
44 District of Columbia $929K 1
45 Delaware $909K 5
46 West Virginia $589K 3
47 Alaska $465K 2
48 Puerto Rico $344K 5
49 Maine $263K 4
50 Hawaii $256K 1

Top Cities for Gyms & Fitness Centers SBA Loans

New York, Ny

$14.2M
Volume

20
Loans

Brooklyn, Ny

$8.1M
Volume

15
Loans

Cypress, Tx

$8.0M
Volume

4
Loans

Scottsdale, Az

$7.2M
Volume

11
Loans

Chicago, Il

$6.4M
Volume

16
Loans

Atlanta, Ga

$5.5M
Volume

13
Loans

Miami, Fl

$5.5M
Volume

9
Loans

Houston, Tx

$5.3M
Volume

13
Loans

Denver, Co

$5.2M
Volume

13
Loans

Baton Rouge, La

$4.9M
Volume

1
Loans

San Jose, Ca

$4.9M
Volume

4
Loans

Frederick, Md

$4.9M
Volume

5
Loans

Dallas, Tx

$4.9M
Volume

8
Loans

Spring, Tx

$4.7M
Volume

3
Loans

Vancouver, Wa

$4.7M
Volume

3
Loans

Concord, Ca

$4.6M
Volume

4
Loans

🤝 Why Use an SBA Broker for Gyms & Fitness Centers Loans?

GoSBA Loans has extensive experience financing Gyms & Fitness Centers businesses:

  • Industry expertise — we know which lenders specialize in Gyms & Fitness Centers
  • Access to 273+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Gyms & Fitness Centers SBA Loan

Our team specializes in SBA financing for Gyms & Fitness Centers businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Gyms & Fitness Centers business? GoSBA Loans specializes in SBA loans for Gyms & Fitness Centers businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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