# SBA loans to gyms, fitness studios and recreational sports centers in Tennessee **Short answer:** SBA's loan file shows 130 loans to gyms, fitness studios and recreational sports centers in Tennessee since October 2019. 13.1% went through SBA Express, against 27.1% nationally. These 130 loans are 3.2% of Tennessee's SBA loans, against 2.0% nationwide. Canonical page: https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/tennessee/ Data as of: 2026-06-30 These are the 130 SBA 7(a) loans to [gyms, fitness studios and recreational sports centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/) in [Tennessee](https://www.sbaexpress.loans/tennessee-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 Tennessee differs from the U.S. **What this means for you.** SBA Express was a less common route here, so most of these loans went through other 7(a) loan types. ### SBA Express 13.1% of the loans in Tennessee went through SBA Express, against 27.1% nationally. SBA Express, share of loans, Oct 2019 to Jun 2026 - Tennessee: 13.1% - United States: 27.1% ### How common it is Gyms, fitness studios and recreational sports centers made up 3.2% of the SBA loans approved in Tennessee since October 2019, against 2.0% of loans nationwide. Its share here is 1.7 times its national share. Share of all SBA loans, Oct 2019 to Jun 2026 - Tennessee: 3.2% - United States: 2.0% We compared 9 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure. ## Tennessee next to the U.S. **Tennessee compared with all loans to gyms, fitness studios and recreational sports centers in the U.S., October 2019 to June 2026** | Measure | Tennessee | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 3.2% | 2.0% | Clearly higher | | Median loan | $350,000 | $265,950 | No clear gap | | Middle half of loans | $156,825 to $569,000 | $75,000 to $500,000 | – | | Startups (the loan opens the business) | 60.0% | 53.8% | No clear gap | | In business 2 years or less | 10.8% | 14.3% | No clear gap | | In business more than 2 years | 20.0% | 24.5% | No clear gap | | Change of ownership | 8.5% | 6.5% | No clear gap | | SBA Express | 13.1% | 27.1% | Clearly lower | | Lines of credit | 10.0% | 17.8% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.5 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 Tennessee The 5 lenders below made 54 of the 130 loans approved October 2019 to June 2026, or 41.5%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Tennessee** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/) | 27 | 20.8% | 20.6% | | [Pinnacle Bank (Nashville, TN)](https://www.sbaexpress.loans/sba-express-lenders/pinnacle-bank/) | 9 | 6.9% | Not in top 5 | | [Citizens Bank (Elizabethton, TN)](https://www.sbaexpress.loans/sba-express-lenders/citizens-bank-tn/) | 7 | 5.4% | 3.0% | | [Old National Bank](https://www.sbaexpress.loans/sba-express-lenders/old-national-bank/) | 6 | 4.6% | Not in top 5 | | [Newtek Bank](https://www.sbaexpress.loans/sba-express-lenders/newtek-bank/) | 5 | 3.8% | 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 | | [Michigan](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/michigan/) | 178 | ## More industries in Tennessee Other industries in Tennessee with a clear difference from the national pattern, most loans first. **Other industries in Tennessee** | Industry | Loans since October 2019 | | --- | --- | | [Fast-food, pizza and counter-service restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/tennessee/) | 175 | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/tennessee/) | 165 | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/tennessee/) | 91 | | [Day spas, medical spas, massage, tattoo and tanning studios](https://www.sbaexpress.loans/industries/other-personal-care-services/tennessee/) | 75 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/tennessee/) | 61 | | [Dental practices](https://www.sbaexpress.loans/industries/offices-of-dentists/tennessee/) | 52 | 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)