How much do SBA lenders typically lend to a fine arts schools business?

The median SBA approval in NAICS 611610 is $125,000, with the middle 80% of loans between $17,400 and $668,400. Across all industries the median is $180,000.

Which lenders are most active in fine arts schools?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, Harvest Small Business Finance, LLC, U.S. Bank, WBD, Inc.. 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 fine arts schools considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 611610 · Education

SBA loans for fine arts schools

1,997 SBA loans worth $541.2M have been approved in this industry since FY2010 - the #118 most-financed NAICS code in the country.

Median loan

$125,000

-31% vs all industries

Typical range

$17K-$668K

Middle 80%

Median rate

7.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.7%

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
Wells Fargo Bank	121	$32.1M
The Huntington National Bank	131	$23.9M
Harvest Small Business Finance, LLC	13	$17.3M
U.S. Bank	50	$16.4M
WBD, Inc.	18	$11.1M
TD Bank	118	$10.9M
CDC Small Business Finance Corp.	26	$9.7M
Mountain West Small Business Finance	16	$9.3M
JPMorgan Chase Bank	90	$8.8M
Enterprise Bank & Trust	12	$8.0M

Geography

Where these loans were made

State	Loans	Share
California	213
New York	163
Texas	155
Florida	111
New Jersey	95
Pennsylvania	86
Massachusetts	84
Ohio	78

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

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’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
29%
$50K - $150K
24%
$150K - $350K
23%
$350K - $1M
19%
$1M - $2M
4%
Over $2M
1%

Nearby

Other education industries

See the sector

Sports and Recreation Instruction4,125 · $161,000 All Other Miscellaneous Schools and Instruction2,168 · $135,000 Educational Support Services1,693 · $90,000 Elementary and Secondary Schools1,386 · $601,500 Exam Preparation and Tutoring920 · $120,000 Professional and Management Development Training745 · $100,000 Other Technical and Trade Schools744 · $200,000 Cosmetology and Barber Schools507 · $200,000

Common questions

How much do SBA lenders typically lend to a fine arts schools business?: The median SBA approval in NAICS 611610 is $125,000, with the middle 80% of loans between $17,400 and $668,400. Across all industries the median is $180,000.
Which lenders are most active in fine arts schools?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, Harvest Small Business Finance, LLC, U.S. Bank, WBD, Inc.. 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 fine arts schools considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

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