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NAICS sector 71

Arts, Entertainment, and Recreation

Name: SBA lending in Arts, Entertainment, and Recreation
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

33,312 SBA loans worth $17.48B across 21 industries in this sector.

Loans

33,312

Approved

$17.48B

Median loan

$228,400

Median term

10 yr

Charge-off rate

10.1%

vs 7.6% all sectors

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.

Inside the sector

All 21 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Fitness and Recreational Sports Centers	713940	17,261	$232,000	7.10%	11.0%
All Other Amusement and Recreation Industries	713990	6,528	$298,250	7.25%	9.6%
Independent Artists, Writers, and Performers	711510	1,634	$50,000	8.50%	9.4%
Bowling Centers	713950	1,123	$477,500	6.00%	6.7%
Promoters of Performing Arts, Sports, and Similar Events with Facilities	711310	1,015	$216,200	8.00%	9.2%
Amusement Arcades	713120	893	$210,000	7.50%	14.2%
Golf Courses and Country Clubs	713910	829	$499,500	6.00%	4.8%
Promoters of Performing Arts, Sports, and Similar Events without Facilities	711320	684	$65,000	8.40%	14.0%
Marinas	713930	526	$500,000	6.00%	4.0%
Dance Companies	711120	453	$119,000	7.75%	6.1%
Amusement and Theme Parks	713110	436	$506,000	6.50%	8.5%
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures	711410	405	$100,000	8.75%	13.6%
Sports Teams and Clubs	711211	333	$250,000	7.75%	7.9%
Musical Groups and Artists	711130	265	$30,000	9.25%	8.8%
Theater Companies and Dinner Theaters	711110	236	$197,500	7.25%	4.8%
Other Performing Arts Companies	711190	192	$94,200	8.25%	10.0%
Other Spectator Sports	711219	187	$75,000	7.75%	8.1%
Racetracks	711212	87	$206,500	6.13%	10.0%
Skiing Facilities	713920	80	$551,000	6.00%	0.0%
Museums	712110	58	$280,350	7.83%	4.0%
Zoos and Botanical Gardens	712130	48	$350,000	6.00%	-

Lenders

Most active in this sector

Lender	Loans	Approved
The Huntington National Bank	3,604	$1.12B
Wells Fargo Bank	2,071	$642.0M
Live Oak Banking Company	407	$461.6M
U.S. Bank	1,063	$411.7M
Byline Bank	272	$346.0M
KeyBank	514	$305.9M
Newtek Small Business Finance, Inc.	422	$291.3M
Celtic Bank Corporation	477	$264.9M
Newtek Bank	587	$222.5M
Beacon Bank and Trust	273	$216.0M

Approvals by fiscal year

’10

’12

’14

’16

’18

’20

’22

’24

’26

Gross approval dollars. Final bar is a partial fiscal year.

An SBA 7(a) lender for loans this size

61% of the SBA loans approved in the arts & recreation sector 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 SmartBiz

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By state

Arts & Recreation SBA lending in 52 states

Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.

California3,372 · $240,000 Texas2,732 · $319,250 New York2,015 · $140,000 Florida1,971 · $336,300 Ohio1,700 · $111,300 Michigan1,225 · $181,000 Illinois1,208 · $298,000 Pennsylvania1,147 · $210,000 New Jersey1,070 · $280,000 Minnesota1,011 · $175,000 Massachusetts993 · $150,000 Georgia921 · $355,000 Colorado919 · $275,000 Wisconsin910 · $223,300 North Carolina824 · $337,300 Indiana813 · $205,700 Washington774 · $261,500 Missouri723 · $210,000 Virginia687 · $240,800 Arizona636 · $315,000 Utah584 · $224,350 Maryland563 · $126,000 Tennessee490 · $324,900 Connecticut409 · $160,000 Oregon369 · $163,000 South Carolina356 · $343,300 Iowa340 · $210,200 Louisiana325 · $204,700 Alabama301 · $342,900 Idaho301 · $182,000 Nevada295 · $211,000 New Hampshire289 · $172,000 Kansas287 · $215,200 Kentucky277 · $150,000 Oklahoma263 · $230,000 Nebraska242 · $150,000 Maine212 · $127,000 Mississippi195 · $203,000 Rhode Island176 · $150,000 Arkansas163 · $223,000 Montana154 · $147,750 New Mexico133 · $240,000 Hawaii118 · $60,000 South Dakota113 · $200,000 Puerto Rico111 · $67,000 North Dakota106 · $239,500 West Virginia105 · $60,000 Delaware104 · $171,500 Vermont93 · $60,000 Alaska71 · $150,000 District of Columbia52 · $286,750 Wyoming39 · $250,000

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