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NAICS 512240 · Information
SBA loans for sound recording studios
352 SBA loans worth $132.7M have been approved in this industry since FY2010 - the #417 most-financed NAICS code in the country.
Median loan
$125,000
-31% vs all industries
Typical range
$15K-$1.2M
Middle 80%
Median rate
7.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
13.6%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| JPMorgan Chase Bank | 29 | $10.0M | |
| Empire State Certified Development Corporation | 5 | $9.2M | |
| U.S. Bank | 22 | $6.1M | |
| Commercial Bank of California | 5 | $5.7M | |
| Enterprise Bank & Trust | 6 | $5.6M | |
| Wells Fargo Bank | 32 | $5.6M | |
| TD Bank | 23 | $4.8M | |
| Harvest Small Business Finance, LLC | 3 | $4.5M | |
| Mortgage Capital Development Corporation | 3 | $4.4M | |
| AMPAC Tri-State CDC, Inc. | 3 | $4.1M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 91 | |
| New York | 53 | |
| Texas | 17 | |
| Illinois | 15 | |
| Florida | 15 | |
| Georgia | 13 | |
| New Jersey | 12 | |
| Colorado | 11 |
An SBA 7(a) lender for loans this size
72% of the SBA loans approved in sound recording studios since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K28%
- $50K - $150K25%
- $150K - $350K19%
- $350K - $1M16%
- $1M - $2M9%
- Over $2M3%
Nearby
Other information industries
Common questions
- How much do SBA lenders typically lend to a sound recording studios business?
- The median SBA approval in NAICS 512240 is $125,000, with the middle 80% of loans between $15,000 and $1,210,500. Across all industries the median is $180,000.
- Which lenders are most active in sound recording studios?
- By dollars approved: JPMorgan Chase Bank, Empire State Certified Development Corporation, U.S. Bank, Commercial Bank of California, Enterprise Bank & Trust. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is sound recording studios considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 13.6% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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