Best SBA 7(a) lenders for dance companies
NAICS 711120 — Dance Companies.
194 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $65.3M.
Loans
194
Total $
$65.3M
Avg loan
$336K
Avg rate
9.39%
Avg term
149 mo
Industry chg-off rate
1.15%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 16 | $1.4M | $90K | 9.44% | 0.00% |
| 2 | Readycap Lending, LLC | 10 | $596K | $60K | 13.70% | 0.00% |
| 3 | Northeast Bank | 9 | $603K | $67K | 11.08% | — |
| 4 | TD Bank, National Association | 8 | $1.3M | $165K | 11.91% | 0.00% |
| 5 | Celtic Bank Corporation | 7 | $935K | $134K | 10.79% | 0.00% |
| 6 | Wells Fargo Bank National Association | 7 | $1.6M | $225K | 10.11% | 0.00% |
| 7 | U.S. Bank, National Association | 5 | $341K | $68K | 8.83% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 5 | $972K | $194K | 11.19% | 0.00% |
| 9 | KeyBank National Association | 5 | $3.1M | $626K | 10.40% | 0.00% |
| 10 | Cadence Bank | 4 | $520K | $130K | 9.63% | 0.00% |
| 11 | BayFirst National Bank | 4 | $415K | $104K | 13.00% | — |
| 12 | Fifth Third Bank | 3 | $1.9M | $637K | 8.18% | 0.00% |
| 13 | Central Bank | 3 | $689K | $230K | 6.92% | 0.00% |
| 14 | Eastern Bank | 3 | $336K | $112K | 9.00% | — |
| 15 | Newtek Small Business Finance, Inc. | 3 | $1.4M | $483K | 8.92% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 711120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.