SBA Loans for Fitness and Recreational Sports Centers in Rhode Island: Top Lenders
NAICS 713NAICS 713 covers fitness and recreational sports centers businesses in Rhode Island. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Rhode Island
Median Loan Size
$164,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 713 covers fitness and recreational sports centers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $164,000.
Key trends & insights
- Fitness and Recreational Sports Centers in Rhode Island lending is concentrated — Eastern Bank, Navigant CU, Rockland Trust Company together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Eastern Bank leads this industry with 2 approvals (40% market share) and a median loan of $170,500.
- Fitness and Recreational Sports Centers in Rhode Island loans skew smaller than the SBA average at $164,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Fitness and Recreational Sports Centers in Rhode Island
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $170,500 | |
| 2 | 1 | $250,000 | |
| 3 | 1 | $164,000 | |
| 4 | 1 | $10,000 |
Recent SBA 7(a) approvals for Fitness and Recreational Sports Centers in Rhode Island
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | TD Bank, National Association | Vel*****LLC | PROVIDENCE, RI | $10,000 |
| 2024-11 | Rockland Trust Company | Jam*****Inc | PROVIDENCE, RI | $164,000 |
| 2022-11 | Eastern Bank | Jam*****Inc | Providence, RI | $200,000 |
| 2021-05 | Eastern Bank | The*****LLC | Smithfield, RI | $141,000 |
| 2019-10 | Navigant CU | ALL*****LLC | WAKEFIELD, RI | $250,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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