TEXAS · NAICS 713930
Texas marina and boat storage projects run from the Highland Lakes chain to Gulf Coast slip operations. Studies tie wet slip and dry storage demand to documented vessel registrations and lake-area populations, validate fee structure and amenity revenue, and stress-test coverage against the elevated equity expectations the program applies to this asset class.
FEASIBILITY TRIGGER
Marinas are on the special-purpose list, so a study is normally required with an industry-experienced going-concern appraiser and elevated equity.
SBA 7(a) and 504 lenders funded 14 marina and boat storage projects across Texas between FY2010 and FY2026, moving $18.6 million in approved capital at an average ticket of $1.3 million. That volume places Texas at #6 of 38 states measured for marina and boat storage SBA activity, or 4.6% of national marina and boat storage dollars. The 7(a) program carried 85.7% of the loan count, with 504 taking the balance, and 0 approvals have hit the pipeline since FY2024.
| Disbursed loans (FY2010–FY2026) | 14 |
| Approved volume | $18.6 million |
| Average loan size | $1.3 million |
| 7(a) share | 85.7% |
| Approvals since FY2024 | 0 |
| State rank by loan count | #6 of 38 |
The state-level seasoned cohort in this segment is below our publication threshold of 30 loans, so no state rate is shown. Nationally, seasoned marina and boat storage loans (approvals FY2010–FY2021) show an adverse-resolution rate of 3.0%, against 7.3% across all industries.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
An adverse-resolution rate of 3.0%, close to the national marina and boat storage benchmark of 3.0%, puts Texas deals in this class on ordinary SBA credit footing. Across 14 loans averaging $1.3 million, the underwriting question is deal-specific: a rigorous third-party feasibility study is where documented demand and stressed coverage decide the credit outcome.
Every Texas marinas and boat storage project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Texas projects often fit SBA 504 where owner-occupied real estate anchors the deal, with the 50/40/10 structure delivering up to 90 percent financing at a fixed debenture rate, while SBA 7(a) covers acquisitions, working capital, and equipment. From July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit, which matters for larger Texas Triangle and I-35 corridor projects.
The Highland Lakes chain and the Gulf Coast anchor year-round boating demand, with named 504 evidence including the Lake LBJ Boutique Resort and Marina acquisition in Llano County.
For a national view of this asset class, see our marina and boat storage SBA feasibility overview, and read our related analysis in the marina and boat storage lending research on our blog.
Compare neighboring markets: Tennessee, Virginia, California.
Public SBA and CDC program records, cited as program evidence
SBA 504 acquisition through PeopleFund
Lakefront resort and marina
Sunrise Beach, Llano County
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a MeetingOur SBA feasibility study consultants prepare storage and vehicle storage studies for lenders, CDCs and sponsors. See pricing, methodology or request a fixed fee quote.
California, Texas, Florida, New York, Illinois, Georgia, New Jersey, Ohio, Pennsylvania, Michigan, Arizona, Colorado, Washington, Virginia, Minnesota, Maryland, Wisconsin, Missouri, Indiana, South Carolina, Oregon, Connecticut, Nevada, North Carolina, Tennessee, Massachusetts, Nebraska, New Mexico, West Virginia, Idaho, Montana, Maine, New Hampshire, Rhode Island, Delaware, Iowa, Kansas, Wyoming.