SBA Loans for Sport Clips Franchises
Who actually funds Sport Clips SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Sport Clips SBA loans
Ranked by number of Sport Clips 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 19 | $3.9M | $207K |
| 2 | Live Oak Banking Company | 16 | $13.9M | $869K |
| 3 | PNC Bank, National Association | 7 | $8.1M | $1.2M |
| 4 | KeyBank National Association | 6 | $1.6M | $273K |
| 5 | Wells Fargo Bank National Association | 3 | $902K | $301K |
| 6 | Wilmington Savings Fund Society FSB | 2 | $634K | $317K |
| 6 | ConnectOne Bank | 2 | $700K | $350K |
| 6 | Simmons Bank | 2 | $483K | $241K |
| 6 | Newtek Small Business Finance, LLC | 2 | $675K | $338K |
| 10 | SouthState Bank, National Association | 1 | $75K | $75K |
| 10 | Texas Capital Bank | 1 | $500K | $500K |
| 10 | The Bancorp Bank National Association | 1 | $350K | $350K |
| 10 | The First National Bank in Sioux Falls | 1 | $337K | $337K |
| 10 | United Community Bank | 1 | $350K | $350K |
| 10 | Valley National Bank | 1 | $226K | $226K |
| 10 | Village Bank and Trust, National Association | 1 | $3.2M | $3.2M |
| 10 | Citizens Bank | 1 | $484K | $484K |
| 10 | Coulee Bank | 1 | $123K | $123K |
| 10 | Fifth Third Bank | 1 | $360K | $360K |
| 10 | First Western Trust Bank | 1 | $1.7M | $1.7M |
| 10 | Five Star Bank | 1 | $307K | $307K |
| 10 | FWBank | 1 | $301K | $301K |
| 10 | Happen Bank | 1 | $884K | $884K |
| 10 | Newtown Savings Bank | 1 | $300K | $300K |
| 10 | Orrstown Bank | 1 | $125K | $125K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Sport Clips loan in this period, ranked by loan count.
Sport Clips SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| IL | 3 | $8.9M | $3.0M |
| TX | 10 | $5.5M | $555K |
| MN | 2 | $5.0M | $2.5M |
| PA | 7 | $3.4M | $482K |
| NC | 4 | $2.7M | $683K |
| FL | 8 | $2.4M | $299K |
| CO | 3 | $2.1M | $697K |
| MI | 4 | $1.3M | $323K |
| MD | 5 | $1.1M | $230K |
| AL | 2 | $1.1M | $563K |
| GA | 2 | $834K | $417K |
| OH | 4 | $820K | $205K |
| WA | 2 | $700K | $350K |
| SD | 2 | $644K | $322K |
| WI | 3 | $579K | $193K |
Sport Clips SBA loans by year
How Sport Clips SBA loans have performed
Outcomes for every funded Sport Clips 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Sport Clipsfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located with secure the SBA-guaranteed loan the Mandatory Addendum to Lease Agreement, may not be executed. 2. Lender/CDC must obtain an affidavit signed by the Applicant that the business is open to both men and women and document their file with evidence that the facility is open to both men and women, such as appropriate bath/locker rooms, or documented membership demographics. Contact franchise@sba.gov for a template of the affidavit.
How to use this
The lenders above have actually closed SBA 7(a) loans for Sport Clips franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Sport Clips deal to a lender currently funding this brand.
Financing a Sport Clips franchise?
We know which lenders are actively funding Sport Clips deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).