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 and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
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.