# SBA loans to gyms, fitness studios and recreational sports centers in Michigan **Short answer:** SBA's loan file shows 178 loans to gyms, fitness studios and recreational sports centers in Michigan since October 2019. 39.9% went to startups, against 53.8% nationally. Canonical page: https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/michigan/ Data as of: 2026-06-30 These are the 178 SBA 7(a) loans to [gyms, fitness studios and recreational sports centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/) in [Michigan](https://www.sbaexpress.loans/michigan-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How Michigan differs from the U.S. **What this means for you.** If yours is a new business, lenders in Michigan funded startups less often here than lenders did nationally, so ask early whether a lender funds new businesses. ### Startups 39.9% of the loans in Michigan went to startups, where the loan opens the business, against 53.8% nationally. Startups (the loan opens the business), share of loans, Oct 2019 to Jun 2026 - Michigan: 39.9% - United States: 53.8% We compared 9 measures with the national figure for the same period, and this is the one that differs clearly. The table compares every measure. ## Michigan next to the U.S. **Michigan compared with all loans to gyms, fitness studios and recreational sports centers in the U.S., October 2019 to June 2026** | Measure | Michigan | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 1.4% | 2.0% | No clear gap | | Median loan | $184,250 | $265,950 | No clear gap | | Middle half of loans | $50,000 to $400,150 | $75,000 to $500,000 | – | | Startups (the loan opens the business) | 39.9% | 53.8% | Clearly lower | | In business 2 years or less | 13.5% | 14.3% | No clear gap | | In business more than 2 years | 34.3% | 24.5% | No clear gap | | Change of ownership | 10.7% | 6.5% | No clear gap | | SBA Express | 27.0% | 27.1% | No clear gap | | Lines of credit | 21.3% | 17.8% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.25 points over Prime | 2.5 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Michigan The 5 lenders below made 114 of the 178 loans approved October 2019 to June 2026, or 64.0%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Michigan** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/) | 84 | 47.2% | 20.6% | | [Live Oak Banking Company](https://www.sbaexpress.loans/sba-express-lenders/live-oak-banking-company/) | 9 | 5.1% | 2.7% | | [Horizon Bank (Michigan City, IN)](https://www.sbaexpress.loans/sba-express-lenders/horizon-bank/) | 8 | 4.5% | Not in top 5 | | [Oxford Bank](https://www.sbaexpress.loans/sba-express-lenders/oxford-bank/) | 7 | 3.9% | Not in top 5 | | [Fifth Third Bank](https://www.sbaexpress.loans/sba-express-lenders/fifth-third-bank/) | 6 | 3.4% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Gyms, fitness studios and recreational sports centers in other states Other states where these loans differ clearly from the national pattern, most loans first. **Gyms, fitness studios and recreational sports centers by state** | State | Loans since October 2019 | | --- | --- | | [Texas](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/texas/) | 686 | | [California](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/california/) | 632 | | [Florida](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/florida/) | 485 | | [New York](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/new-york/) | 313 | | [Ohio](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/ohio/) | 297 | | [Georgia](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/georgia/) | 207 | | [Washington](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/washington/) | 189 | | [Massachusetts](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/massachusetts/) | 149 | ## More industries in Michigan Other industries in Michigan with a clear difference from the national pattern, most loans first. **Other industries in Michigan** | Industry | Loans since October 2019 | | --- | --- | | [Long-haul truckload carriers](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/michigan/) | 848 | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/michigan/) | 584 | | [Local trucking companies](https://www.sbaexpress.loans/industries/general-freight-trucking-local/michigan/) | 385 | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/michigan/) | 317 | | [Paving, fencing, pool and other specialty contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/michigan/) | 292 | | [Plumbing and HVAC companies](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/michigan/) | 235 | | [Auto repair shops](https://www.sbaexpress.loans/industries/general-automotive-repair/michigan/) | 201 | | [Coffee shops, ice cream parlors, juice and tea bars and doughnut shops](https://www.sbaexpress.loans/industries/snack-nonalcoholic-beverage-bars/michigan/) | 191 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)