Best SBA 7(a) lenders for musical groups and artists
The top SBA 7(a) lenders for musical groups and artists (NAICS 711130) are JPMorgan Chase Bank, National Association, TD Bank, National Association, Northeast Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 106 loans totaling $15.7M to businesses in this industry. Average loan size: $148K. Average rate: 10.81%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 4.76%.
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% |
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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.