How Much Can Recreational and Vacation Camps (except Campgrounds) Businesses Get in SBA Loans?
682 SBA loans totaling $286.3M have been approved for recreational and vacation camps (except campgrounds) businesses (NAICS 721214). The average approved SBA loan is $420K, which is 23% above avg the $340K national average. 261 active lenders fund this industry with a 11.6% default rate on the matured 2018-2021 loan cohort.
At 11.6%, Recreational and Vacation Camps (except Campgrounds) 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 721214 (Recreational and Vacation Camps (except Campgrounds)) received 682 SBA loans worth $286.3M across 5+ states. Average loan $420K, average term 190 months, 11.6% default rate (resolved-loan basis).261 active SBA-approved lenders fund this industry. Most recreational and vacation camps (except campgrounds) loans use the SBA 7(a) program. There are approximately 2,997 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Recreational and Vacation Camps (except Campgrounds)?+11% growth
Which SBA Program Do Recreational and Vacation Camps (except Campgrounds) Businesses Use Most?
What Is the Best SBA Loan for Recreational and Vacation Camps (except Campgrounds)?
The most widely used SBA program for recreational and vacation camps (except campgrounds) businesses — flexible terms, multiple use cases
Where Are Recreational and Vacation Camps (except Campgrounds) SBA Loans Most Common?
Top SBA Lenders for Recreational and Vacation Camps (except Campgrounds)
These banks have funded the most SBA loans for recreational and vacation camps (except campgrounds) businesses (NAICS 721214). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Minnesota Business Finance Cor(MN) | 47 | $27.0M |
| 2 | Wells Fargo Bank National Association(SD) | 39 | $10.7M |
| 3 | Park State Bank(MN) | 22 | $5.5M |
| 4 | PNC Bank, National Association(DE) | 18 | $5.3M |
| 5 | KeyBank National Association(OH) | 17 | $4.6M |
Recreational and Vacation Camps (except Campgrounds) Industry Context
Ready to Fund Your Recreational and Vacation Camps (except Campgrounds) Business?
PeerSense places SBA loans for recreational and vacation camps (except campgrounds) businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Recreational and Vacation Camps (except Campgrounds) Businesses?
Across all SBA loan programs, 682 loans have been approved for businesses classified under NAICS 721214 (Recreational and Vacation Camps (except Campgrounds)), representing $286.3M in total capital deployed. The average approved loan of $420K is 23% above avg the national SBA average of $340K, with typical repayment terms of 190 months.
SBA lending for recreational and vacation camps (except campgrounds) is accelerating — loan volume has grown approximately 11% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.
Notably, 20% of SBA loans in this industry use the 504 program — well above the national average — indicating that recreational and vacation camps (except campgrounds) 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 recreational and vacation camps (except campgrounds) 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 — Recreational and Vacation Camps (except Campgrounds) SBA Loans
What is the average SBA loan size for recreational and vacation camps (except campgrounds) businesses?
Which SBA loan program is best for a recreational and vacation camps (except campgrounds) business?
How many lenders fund SBA loans for recreational and vacation camps (except campgrounds)?
What states have the most SBA lending for recreational and vacation camps (except campgrounds)?
How does PeerSense help recreational and vacation camps (except campgrounds) businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Recreational and Vacation Camps (except Campgrounds) defined by NAICS code 721214. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.