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Alabama · Arts & Recreation
SBA loans for arts & recreation in Alabama
301 loans worth $200.2M approved since FY2010 for arts, entertainment, and recreation projects located in Alabama.
Loans
301
Approved
$200.2M
Median loan
$342,900
+50% vs sector nationally
Median rate
7.25%
Jobs supported
3,533
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
Who lends to arts & recreation in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Birmingham Citywide Local Development Company | 19 | $16.9M | |
| Pinnacle Bank | 11 | $16.8M | |
| Florida Business Development Corporation | 10 | $16.4M | |
| Southern Development Council | 20 | $11.3M | |
| Florida First Capital Finance Corporation, Inc. | 13 | $11.2M | |
| The Huntington National Bank | 19 | $10.1M | |
| Newtek Bank | 8 | $7.5M | |
| Valley National Bank | 10 | $6.8M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for arts & recreation in Alabama since FY2010 was $342,900. 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.
All SBA lending in Alabama
7,881 loans across every sector.
Arts & Recreation nationally
33,312 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to arts & recreation businesses in Alabama?
- 301 SBA loans totalling $200,215,700 have been approved for arts, entertainment, and recreation projects in Alabama since FY2010.
- Which lenders finance arts & recreation in Alabama?
- The most active by dollars approved are Birmingham Citywide Local Development Company, Pinnacle Bank, Florida Business Development Corporation, Southern Development Council. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in Alabama?
- The median approval is $342,900, 50% above the national median for this sector ($228,400).
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