Industries › Arts, Entertainment, and Recreation › Amusement, Gambling, and Recreation Industries
NAICS 713Subsector2.8% of all approvals
SBA loans for amusement, gambling, and recreation industries
7(a) and 504 approvals to businesses SBA classifies under NAICS 713, with the lenders and states behind them.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 9,692 loans to businesses in amusement, gambling, and recreation industries (NAICS 713) in FY2021 to FY2025, worth $5.76bn: 8,712 under 7(a) and 980 under 504.
That is 2.8% of all approvals. Set against the 89,540 establishments the Census Bureau counts in the industry, it comes to 108.2 approvals per 1,000 establishments; across all industries the figure is 41.0.
In FY2025 there were 2,736 approvals, up 27% on FY2024. The median 7(a) approval was $266K, against $190K for all industries, and 34.3% of approvals went to franchise businesses.
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 8.5% as charged off, above the 6.6% for all industries.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Volume by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 1,574 | $955M | $300K | 145 | $222M | 1,719 | 18,105 |
| FY2025 | 2,516 | $1.27bn | $260K | 220 | $367M | 2,736 | 28,445 |
| FY2024 | 1,981 | $988M | $245K | 175 | $213M | 2,156 | 24,716 |
| FY2023 | 1,745 | $878M | $253K | 183 | $235M | 1,928 | 26,871 |
| FY2022 | 1,275 | $649M | $250K | 242 | $272M | 1,517 | 19,009 |
| FY2021 | 1,195 | $750M | $338K | 160 | $131M | 1,355 | 18,705 |
| FY2020 | 1,189 | $602M | $270K | 140 | $153M | 1,329 | 17,525 |
| FY2019 | 1,827 | $888M | $245K | 166 | $157M | 1,993 | 28,363 |
| FY2018 | 1,839 | $923M | $220K | 145 | $147M | 1,984 | 28,103 |
| FY2017 | 1,831 | $807M | $189K | 160 | $164M | 1,991 | 25,959 |
| FY2016 | 1,697 | $808M | $156K | 164 | $162M | 1,861 | 25,740 |
SBA records the NAICS code in force when a loan was approved. The 2022 NAICS revision renumbered parts of retail trade and information, so some lines of business appear under one code before FY2023 and another after. FY2016–FY2020 approvals under this code: 9,158.
Within this subsector
| NAICS | Industry group | Approvals, FY2021–FY2025 | Share |
|---|---|---|---|
| 7139 | Other Amusement and Recreation Industries | 9,229 | 95.2% |
| 7131 | Amusement Parks and Arcades | 461 | 4.8% |
| 7132 | Gambling Industries | 2 | 0.0% |
Lenders most active in this industry
By number of approvals, FY2021–FY2025; 987 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 1,891 | $563M | 19.5% | |
| 2 | Newtek Bank, National AssociationMiami, FL | 312 | $139M | 3.2% | |
| 3 | Manufacturers and Traders Trust CompanyBuffalo, NY | 257 | $55.6M | 2.7% | |
| 4 | KeyBank National AssociationCleveland, OH | 193 | $124M | 2.0% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 182 | $60.8M | 1.9% | |
| 6 | Citizens BankElizabethton, TN | 173 | $90.4M | 1.8% | |
| 7 | TD Bank, National AssociationWilmington, DE | 159 | $31.9M | 1.6% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 156 | $66.7M | 1.6% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 155 | $177M | 1.6% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 153 | $40.1M | 1.6% | |
| 11 | Northeast BankLewiston, ME | 144 | $17.0M | 1.5% | |
| 12 | First Bank of the LakeOsage Beach, MO | 136 | $93.3M | 1.4% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 134 | $76.2M | 1.4% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 90 | $15.6M | 0.9% | |
| 15 | Celtic Bank CorporationSalt Lake City, UT | 85 | $98.1M | 0.9% | |
| 16 | Zions Bank, A Division ofSalt Lake City, UT | 80 | $25.7M | 0.8% | |
| 17 | Byline BankChicago, IL | 67 | $82.1M | 0.7% | |
| 18 | Old National BankEvansville, IN | 66 | $59.4M | 0.7% | |
| 19 | Platinum BankOakdale, MN | 64 | $41.6M | 0.7% | |
| 20 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 61 | $67.5M | 0.6% |
States
| # | State of the business | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 908 | $609M | 9.4% | |
| 2 | California | 798 | $459M | 8.2% | |
| 3 | Florida | 667 | $444M | 6.9% | |
| 4 | Ohio | 507 | $188M | 5.2% | |
| 5 | New York | 474 | $244M | 4.9% | |
| 6 | Illinois | 395 | $280M | 4.1% | |
| 7 | Michigan | 353 | $168M | 3.6% | |
| 8 | Pennsylvania | 338 | $209M | 3.5% | |
| 9 | New Jersey | 312 | $203M | 3.2% | |
| 10 | Georgia | 285 | $223M | 2.9% | |
| 11 | North Carolina | 284 | $223M | 2.9% | |
| 12 | Minnesota | 281 | $162M | 2.9% | |
| 13 | Colorado | 279 | $169M | 2.9% | |
| 14 | Massachusetts | 241 | $152M | 2.5% | |
| 15 | Indiana | 236 | $118M | 2.4% |
Franchise brands
34.3% of approvals carried a franchise code.
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Hotworx | 364 | 3.8% | |
| 2 | Anytime Fitness | 237 | 2.4% | |
| 3 | X-Golf | 127 | 1.3% | |
| 4 | F45 Training | 100 | 1.0% | |
| 5 | Stretch Lab | 97 | 1.0% | |
| 6 | D1 Training | 85 | 0.9% | |
| 7 | Urban Air Adventure Park | 83 | 0.9% | |
| 8 | The Back Nine | 82 | 0.8% | |
| 9 | Alloy Personal Traning | 81 | 0.8% | |
| 10 | The Little Gym | 78 | 0.8% |
Approval sizes
- $50,000 or less20.2%1,955
- $50,001 to $150,00015.5%1,499
- $150,001 to $350,00020.7%2,006
- $350,001 to $1 million28.3%2,739
- $1 million to $2 million8.3%809
- Over $2 million7.1%684
Age of the businesses
- Existing, more than 2 years old31.7%3,071
- New business, 2 years or less14.2%1,381
- Startup, loan funds will open the business47.9%4,639
- Change of ownership6.1%591
- Not answered0.1%10
Charge-offs against all industries
| Loans approved FY2010–FY2021 | This industry, 7(a) | All 7(a) | This industry, 504 | All 504 |
|---|---|---|---|---|
| Approvals in these years | 15,766 | 639,905 | 1,872 | 85,591 |
| Cancelled or never disbursed | 2,078 | 79,313 | 297 | 12,514 |
| Disbursed loans | 13,688 | 560,592 | 1,575 | 73,077 |
| Paid in full | 10,052 | 435,813 | 712 | 35,491 |
| Charged off | 1,163 | 36,891 | 30 | 905 |
| Still outstanding (status exempt from disclosure) | 2,473 | 87,888 | 833 | 36,681 |
| Charged off, share of disbursed loans | 8.5% | 6.6% | 1.9% | 1.2% |
| Dollars charged off, share of disbursed dollars | 3.9% | 2.5% | 1.3% | 0.9% |
| Dollars charged off | $253M | $5.70bn | $19.7M | $499M |
Against all industries
| FY2021–FY2025 | NAICS 713 | All industries |
|---|---|---|
| Median 7(a) approval | $266K | $190K |
| Median 504 approval | $884K | $657K |
| Average approval | $594K | $573K |
| Approvals per 1,000 establishments | 108.2 | 41.0 |
| Approvals to franchise businesses | 34.3% | 11.2% |
| Jobs supported per approval, as reported | 12.1 | 10.5 |
Questions and answers
Which lenders make the most SBA loans for amusement, gambling, and recreation industries?
By approvals in FY2021 to FY2025: The Huntington National Bank (1,891), Newtek Bank, National Association (312), Manufacturers and Traders Trust Company (257), KeyBank National Association (193), U.S. Bank, National Association (182). 987 lenders had at least one.
How large are typical SBA loans for amusement, gambling, and recreation industries?
The median 7(a) approval was $266K and the median 504 approval $884K; the average across both programs was $594K.
What share of SBA loans for amusement, gambling, and recreation industries are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 8.5% are recorded as charged off, against 6.6% for all industries; for 504 loans, 1.9% against 1.2%.
Which states have the most SBA loans for amusement, gambling, and recreation industries?
Texas (908), California (798), Florida (667), Ohio (507), New York (474).
Is SBA lending for amusement, gambling, and recreation industries rising?
Approvals in the three latest complete fiscal years total 6,820, against 4,201 in the three before: rising (+62%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error