Since fiscal year 2021, at least 43 lenders made 98 SBA loans to Fitness & Entertainment businesses in Alabama. These are the most active, based on public SBA data.
Most active SBA lenders for Fitness & Entertainment in Alabama
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 16 | $543,206 | 55% | 7(a), Express |
| 2 | Newtek Bank, National Association Miami, FL | 8 | $370,458 | 19% | 7(a), Express |
| 3 | Peoples Bank of Alabama Cullman, AL | 5 | $401,956 | 56% | 7(a) |
| 4 | Pinnacle Bank Nashville, TN | 5 | $1,428,420 | 47% | 7(a), Express |
| 5 | BankFirst Financial Services Columbus, MS | 4 | $278,975 | 46% | 7(a), Express |
| 6 | Sabre Finance Birmingham, AL | 4 | $161,866 | 54% | 7(a) |
| 7 | Northeast Bank Lewiston, ME | 3 | $152,724 | 20% | 7(a) |
| 8 | Live Oak Banking Company Wilmington, NC | 3 | $1,419,479 | 32% | 7(a), Express |
| 9 | Gulf Coast Bank and Trust Company New Orleans, LA | 3 | $273,450 | 100% | 7(a) |
| 10 | Hancock Whitney Bank Gulfport, MS | 2 | $675,468 | 55% | 7(a), Express |
Related guide: Loans for Gyms and Fitness Studios
Other industries in Alabama
- Restaurants & Lodging424 loans
- Retail Stores306 loans
- Construction250 loans
- Personal Services & Repair232 loans
- Health Care196 loans
- Professional Services186 loans
- Cleaning, Landscaping & Admin166 loans
- Manufacturing124 loans
Frequently asked questions
Which lenders make the most SBA loans to Fitness & Entertainment businesses in Alabama?
Based on public SBA data, the most active were The Huntington National Bank, Newtek Bank, National Association, Peoples Bank of Alabama.
How many SBA loans did Fitness & Entertainment businesses get in Alabama?
98 SBA loans since fiscal year 2021, from at least 43 different lenders.
Which SBA loan fits a Fitness & Entertainment business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.