How Much Can Sporting Goods Stores Businesses Get in SBA Loans?
10,775 SBA loans totaling $2.1B have been approved for sporting goods stores businesses (NAICS 451110). The average approved SBA loan is $198K, which is 42% below avg the $340K national average. 1291 active lenders fund this industry with a 19.3% default rate on the matured 2018-2021 loan cohort.
At 19.3%, Sporting Goods Stores sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated 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 451110 (Sporting Goods Stores) received 10,775 SBA loans worth $2.1B across 5+ states. Average loan $198K, average term 107 months, 19.3% default rate (resolved-loan basis).1291 active SBA-approved lenders fund this industry. Most sporting goods stores loans use the SBA 7(a) program.
Is SBA Lending Growing for Sporting Goods Stores?-95% decline
Which SBA Program Do Sporting Goods Stores Businesses Use Most?
What Is the Best SBA Loan for Sporting Goods Stores?
The most widely used SBA program for sporting goods stores businesses — flexible terms, multiple use cases
Where Are Sporting Goods Stores SBA Loans Most Common?
Top SBA Lenders for Sporting Goods Stores
These banks have funded the most SBA loans for sporting goods stores businesses (NAICS 451110). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 759 | $158.7M |
| 2 | Bank of America, National Association(NC) | 534 | $34.2M |
| 3 | U.S. Bank, National Association(OH) | 468 | $89.3M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 363 | $47.6M |
| 5 | The Huntington National Bank(OH) | 352 | $43.1M |
Sporting Goods Stores Industry Context
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How Does SBA Lending Work for Sporting Goods Stores Businesses?
Across all SBA loan programs, 10,775 loans have been approved for businesses classified under NAICS 451110 (Sporting Goods Stores), representing $2.1B in total capital deployed. The average approved loan of $198K is 42% below avg the national SBA average of $340K, with typical repayment terms of 107 months.
SBA lending for sporting goods stores has contracted approximately 95% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 1291 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 7% 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 goods stores 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 Goods Stores SBA Loans
What is the average SBA loan size for sporting goods stores businesses?
Which SBA loan program is best for a sporting goods stores business?
How many lenders fund SBA loans for sporting goods stores?
What states have the most SBA lending for sporting goods stores?
How does PeerSense help sporting goods stores businesses get SBA loans?
Related Retail Trade Industries
All Other Miscellaneous Store Retailers (except Tobacco Stores)
Gift, Novelty, and Souvenir Stores
Florists
All Other General Merchandise Stores
Other Direct Selling Establishments
Vending Machine Operators
Data aggregated from SBA loan records (1992–2025). Sporting Goods Stores defined by NAICS code 451110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.