Best SBA 7(a) lenders for promoters of performing arts, sports, and similar events without facil
The top SBA 7(a) lenders for promoters of performing arts, sports, and similar events without facil (NAICS 711320) are TD Bank, National Association, Newtek Bank, National Association, U.S. Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 270 loans totaling $96.0M to businesses in this industry. Average loan size: $356K. Average rate: 10.21%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.56%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 26 | $1.9M | $74K | 10.34% | 5.56% |
| 2 | Newtek Bank, National Association | 23 | $15.3M | $665K | 11.87% | 0.00% |
| 3 | U.S. Bank, National Association | 16 | $2.3M | $142K | 9.35% | 0.00% |
| 4 | Northeast Bank | 16 | $2.1M | $129K | 11.25% | 0.00% |
| 5 | Wells Fargo Bank National Association | 16 | $447K | $28K | 12.68% | 0.00% |
| 6 | JPMorgan Chase Bank, National Association | 14 | $2.9M | $210K | 11.69% | 0.00% |
| 7 | The Huntington National Bank | 13 | $1.8M | $137K | 9.75% | 0.00% |
| 8 | BayFirst National Bank | 11 | $1.4M | $131K | 12.66% | 0.00% |
| 9 | Lendistry SBLC, LLC | 10 | $1.7M | $167K | 12.45% | — |
| 10 | Readycap Lending, LLC | 10 | $6.1M | $610K | 11.93% | 0.00% |
| 11 | Manufacturers and Traders Trust Company | 8 | $335K | $42K | 9.87% | 0.00% |
| 12 | Bank of America, National Association | 6 | $2.1M | $353K | 6.07% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 5 | $5.8M | $1.2M | 9.95% | 0.00% |
| 14 | Celtic Bank Corporation | 5 | $480K | $96K | 10.50% | 0.00% |
| 15 | Banco Popular de Puerto Rico | 5 | $604K | $121K | 12.30% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 711320. Charge-off rates are calculated on the FY2020–FY2023 cohort only.