How Much Can Boat Dealers Businesses Get in SBA Loans?
1,675 SBA loans totaling $751.5M have been approved for boat dealers businesses (NAICS 441222). The average approved SBA loan is $449K, which is 32% above avg the $340K national average. 451 active lenders fund this industry with a 14.4% default rate on the matured 2018-2021 loan cohort.
At 14.4%, Boat Dealers sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 441222 (Boat Dealers) received 1,675 SBA loans worth $751.5M across 5+ states. Average loan $449K, average term 165 months, 14.4% default rate (resolved-loan basis).451 active SBA-approved lenders fund this industry. Most boat dealers loans use the SBA 7(a) program.
Is SBA Lending Growing for Boat Dealers?+32% growth
Which SBA Program Do Boat Dealers Businesses Use Most?
What Is the Best SBA Loan for Boat Dealers?
The most widely used SBA program for boat dealers businesses — flexible terms, multiple use cases
Where Are Boat Dealers SBA Loans Most Common?
Top SBA Lenders for Boat Dealers
These banks have funded the most SBA loans for boat dealers businesses (NAICS 441222). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 97 | $42.6M |
| 2 | Bank of America, National Association(NC) | 58 | $4.6M |
| 3 | U.S. Bank, National Association(OH) | 44 | $20.5M |
| 4 | The Huntington National Bank(OH) | 39 | $24.9M |
| 5 | Citizens Bank, National Association(RI) | 33 | $5.8M |
Ready to Fund Your Boat Dealers Business?
PeerSense places SBA loans for boat dealers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Financing a Boat Dealers business? Get matched to an SBA lender.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.
SBA 7(a) / 504 — Response within 4 business hours. No obligation.
How Does SBA Lending Work for Boat Dealers Businesses?
Across all SBA loan programs, 1,675 loans have been approved for businesses classified under NAICS 441222 (Boat Dealers), representing $751.5M in total capital deployed. The average approved loan of $449K is 32% above avg the national SBA average of $340K, with typical repayment terms of 165 months.
SBA lending for boat dealers is accelerating — loan volume has grown approximately 32% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2021.
Notably, 22% of SBA loans in this industry use the 504 program — well above the national average — indicating that boat dealers businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.
PeerSense specializes in matching boat dealers business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Boat Dealers SBA Loans
What is the average SBA loan size for boat dealers businesses?
Which SBA loan program is best for a boat dealers business?
How many lenders fund SBA loans for boat dealers?
What states have the most SBA lending for boat dealers?
How does PeerSense help boat dealers businesses get SBA loans?
Related Retail Trade Industries
Gasoline Stations with Convenience Stores
Beer, Wine, and Liquor Stores
Supermarkets and Other Grocery (except Convenience) Stores
Convenience Stores
Used Car Dealers
Pharmacies and Drug Stores
Data aggregated from SBA loan records (1992–2025). Boat Dealers defined by NAICS code 441222. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.