How Much Can Sporting and Recreational Goods and Supplies Merchant Wholesalers Businesses Get in SBA Loans?
2,572 SBA loans totaling $970.6M have been approved for sporting and recreational goods and supplies merchant wholesalers businesses (NAICS 423910). The average approved SBA loan is $377K, which is 11% above avg the $340K national average. 526 active lenders fund this industry with a 17.1% default rate on the matured 2018-2021 loan cohort.
At 17.1%, Sporting and Recreational Goods and Supplies Merchant Wholesalers sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 423910 (Sporting and Recreational Goods and Supplies Merchant Wholesalers) received 2,572 SBA loans worth $970.6M across 5+ states. Average loan $377K, average term 116 months, 17.1% default rate (resolved-loan basis).526 active SBA-approved lenders fund this industry. Most sporting and recreational goods and supplies merchant wholesalers loans use the SBA 7(a) program. There are approximately 5,404 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Sporting and Recreational Goods and Supplies Merchant Wholesalers?+39% growth
Which SBA Program Do Sporting and Recreational Goods and Supplies Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Sporting and Recreational Goods and Supplies Merchant Wholesalers?
The most widely used SBA program for sporting and recreational goods and supplies merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Sporting and Recreational Goods and Supplies Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Sporting and Recreational Goods and Supplies Merchant Wholesalers
These banks have funded the most SBA loans for sporting and recreational goods and supplies merchant wholesalers businesses (NAICS 423910). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 175 | $60.2M |
| 2 | Bank of America, National Association(NC) | 149 | $13.7M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 138 | $20.5M |
| 4 | U.S. Bank, National Association(OH) | 113 | $20.0M |
| 5 | The Huntington National Bank(OH) | 74 | $15.6M |
Sporting and Recreational Goods and Supplies Merchant Wholesalers Industry Context
Ready to Fund Your Sporting and Recreational Goods and Supplies Merchant Wholesalers Business?
PeerSense places SBA loans for sporting and recreational goods and supplies merchant wholesalers 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 Sporting and Recreational Goods and Supplies Merchant Wholesalers 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 Sporting and Recreational Goods and Supplies Merchant Wholesalers Businesses?
Across all SBA loan programs, 2,572 loans have been approved for businesses classified under NAICS 423910 (Sporting and Recreational Goods and Supplies Merchant Wholesalers), representing $970.6M in total capital deployed. The average approved loan of $377K is 11% above avg the national SBA average of $340K, with typical repayment terms of 116 months.
SBA lending for sporting and recreational goods and supplies merchant wholesalers is accelerating — loan volume has grown approximately 39% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
The industry sees a balanced mix of SBA programs, with 10% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching sporting and recreational goods and supplies merchant wholesalers 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 — Sporting and Recreational Goods and Supplies Merchant Wholesalers SBA Loans
What is the average SBA loan size for sporting and recreational goods and supplies merchant wholesalers businesses?
Which SBA loan program is best for a sporting and recreational goods and supplies merchant wholesalers business?
How many lenders fund SBA loans for sporting and recreational goods and supplies merchant wholesalers?
What states have the most SBA lending for sporting and recreational goods and supplies merchant wholesalers?
How does PeerSense help sporting and recreational goods and supplies merchant wholesalers businesses get SBA loans?
Related Wholesale Trade Industries
Other Miscellaneous Durable Goods Merchant Wholesalers
Other Miscellaneous Nondurable Goods Merchant Wholesalers
Other Grocery and Related Products Merchant Wholesalers
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal
Industrial Machinery and Equipment Merchant Wholesalers
Women's, Children's, and Infants' Clothing and Accessories Merchant Wh
Data aggregated from SBA loan records (1992–2025). Sporting and Recreational Goods and Supplies Merchant Wholesalers defined by NAICS code 423910. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.