SBA loan outcome check · industry · SBA data as of 30 September 2026

How have SBA loans in Fitness and Recreational Sports Centers turned out?

Of 14,215 loans approved in fiscal 2000 to 2021 (at least five years old), 2,302 (16.2%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Fitness and Recreational Sports Centers appears on 19,111 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $6.3 billion in gross approvals. These are loans, not a rating.
Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.
Fitness and Recreational Sports CentersIndustry NAICS 713940 · 19,111 loans
16%of seasoned loans charged off
  1. Fitness and Recreational Sports Centers appears on 19,111 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $6.3 billion in gross approvals.
  2. Of 14,215 loans approved in fiscal 2000 to 2021 (at least five years old), 2,302 (16.2%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
  3. A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.
0%38%Fiscal 2000: 41 of 259 loans charged off (15.8%)Fiscal 2001: 53 of 306 loans charged off (17.3%)Fiscal 2002: 55 of 386 loans charged off (14.2%)Fiscal 2003: 111 of 508 loans charged off (21.9%)Fiscal 2004: 154 of 620 loans charged off (24.8%)Fiscal 2005: 203 of 790 loans charged off (25.7%)Fiscal 2006: 283 of 818 loans charged off (34.6%)Fiscal 2007: 309 of 813 loans charged off (38.0%)Fiscal 2008: 228 of 747 loans charged off (30.5%)Fiscal 2009: 47 of 270 loans charged off (17.4%)Fiscal 2010: 11 of 123 loans charged off (8.9%)Fiscal 2011: 42 of 429 loans charged off (9.8%)Fiscal 2012: 36 of 467 loans charged off (7.7%)Fiscal 2013: 38 of 536 loans charged off (7.1%)Fiscal 2014: 59 of 657 loans charged off (9.0%)Fiscal 2015: 85 of 826 loans charged off (10.3%)Fiscal 2016: 104 of 986 loans charged off (10.5%)Fiscal 2017: 135 of 1,124 loans charged off (12.0%)Fiscal 2018: 116 of 1,089 loans charged off (10.7%)Fiscal 2019: 124 of 1,092 loans charged off (11.4%)Fiscal 2020: 50 of 695 loans charged off (7.2%)Fiscal 2021: 18 of 674 loans charged off (2.7%)20002002200420062008201020122014201620182020
share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year

Every approval year

Approval yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY2000259$55.2 million21741115.8%
FY2001306$65.9 million25353017.3%
FY2002386$82.6 million33055114.2%
FY2003508$74.8 million397111021.9%
FY2004620$104.4 million463154324.8%
FY2005790$124.0 million586203125.7%
FY2006818$128.0 million533283234.6%
FY2007813$131.8 million501309338.0%
FY2008747$146.5 million510228930.5%
FY2009270$48.2 million22247117.4%
FY2010123$17.8 million1091138.9%
FY2011429$126.4 million3854229.8%
FY2012467$169.1 million4243677.7%
FY2013536$204.8 million48538137.1%
FY2014657$232.6 million57859209.0%
FY2015826$278.9 million723851810.3%
FY2016986$366.3 million8141046810.5%
FY20171,124$412.0 million84813514112.0%
FY20181,089$425.7 million74911622410.7%
FY20191,092$395.0 million66312430511.4%
FY2020695$281.9 million389502567.2%
FY2021674$346.4 million306183502.7%
FY2022726$289.6 million20727492too recent for a share
FY20231,000$401.3 million21136753too recent for a share
FY20241,093$439.9 million11415964too recent for a share
FY20251,276$561.8 million5611,219too recent for a share
FY2026801$408.2 million60795too recent for a share

By state, where 30 or more loans are at least five years old

StateLoans (FY2000 to 2021)Charged offShare
California1,38025318.3%
Texas1,17022919.6%
New York85012915.2%
Florida68916423.8%
Pennsylvania6049515.7%
Ohio6039615.9%
Massachusetts5185911.4%
New Jersey5148616.7%
Minnesota5097915.5%
Illinois4968617.3%
Michigan4256515.3%
Wisconsin3724211.3%

US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a business in this industry, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.

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