Best SBA 7(a) lenders for musical groups and artists
NAICS 711130 — Musical Groups and Artists.
106 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $15.7M.
Loans
106
Total $
$15.7M
Avg loan
$148K
Avg rate
10.81%
Avg term
112 mo
Industry chg-off rate
4.76%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | 13 | $1.3M | $102K | 12.86% | 33.33% |
| 2 | TD Bank, National Association | 13 | $590K | $45K | 10.94% | 0.00% |
| 3 | Northeast Bank | 9 | $389K | $43K | 10.92% | — |
| 4 | Wells Fargo Bank National Association | 9 | $92K | $10K | 10.42% | 0.00% |
| 5 | Manufacturers and Traders Trust Company | 8 | $228K | $28K | 11.81% | 14.29% |
| 6 | The Huntington National Bank | 8 | $1.1M | $137K | 9.97% | 0.00% |
| 7 | Celtic Bank Corporation | 7 | $492K | $70K | 10.64% | 0.00% |
| 8 | U.S. Bank, National Association | 6 | $104K | $17K | 9.87% | 0.00% |
| 9 | Readycap Lending, LLC | 6 | $1.1M | $188K | 12.96% | — |
| 10 | Newtek Bank, National Association | 5 | $470K | $94K | 12.45% | 0.00% |
| 11 | Webster Bank National Association | 2 | $215K | $108K | 9.88% | — |
| 12 | Five Star Bank | 2 | $240K | $120K | 8.88% | 0.00% |
| 13 | Cadence Bank | 2 | $615K | $308K | 10.38% | 0.00% |
| 14 | Locus Bank Inc | 1 | $101K | $101K | 9.25% | 0.00% |
| 15 | Community State Bank | 1 | $436K | $436K | 4.75% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 711130. Charge-off rates are calculated on the FY2020–FY2023 cohort only.