Massachusetts · Arts & Recreation
SBA loans for arts & recreation in Massachusetts
993 loans worth $462.9M approved since FY2010 for arts, entertainment, and recreation projects located in Massachusetts.
Loans
993
Approved
$462.9M
Median loan
$150,000
-34% vs sector nationally
Median rate
6.75%
Jobs supported
11,055
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 Massachusetts
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Granite State Economic Development Corporation | 70 | $77.5M | |
| New England Certified Development Corporation | 29 | $50.4M | |
| Bay Colony Development Corporation | 41 | $38.9M | |
| Beacon Bank and Trust | 36 | $21.6M | |
| Eastern Bank | 138 | $13.7M | |
| Rockland Trust Company | 61 | $13.3M | |
| Wells Fargo Bank | 13 | $10.1M | |
| Needham Bank | 21 | $9.5M |
Detail
Which industries inside the sector
All SBA lending in Massachusetts
33,838 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 Massachusetts?
- 993 SBA loans totalling $462,917,700 have been approved for arts, entertainment, and recreation projects in Massachusetts since FY2010.
- Which lenders finance arts & recreation in Massachusetts?
- The most active by dollars approved are Granite State Economic Development Corporation, New England Certified Development Corporation, Bay Colony Development Corporation, Beacon Bank and Trust. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in Massachusetts?
- The median approval is $150,000, 34% below the national median for this sector ($228,400).
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