North Carolina · Arts & Recreation
SBA loans for arts & recreation in North Carolina
824 loans worth $524.8M approved since FY2010 for arts, entertainment, and recreation projects located in North Carolina.
Loans
824
Approved
$524.8M
Median loan
$337,300
+48% vs sector nationally
Median rate
7.50%
Jobs supported
11,243
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 North Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Business Expansion Funding Corporation | 43 | $51.9M | |
| United Community Bank | 28 | $23.1M | |
| Wells Fargo Bank | 89 | $22.9M | |
| The Huntington National Bank | 61 | $20.5M | |
| TowneBank | 29 | $19.0M | |
| Pinnacle Bank | 27 | $17.9M | |
| Live Oak Banking Company | 17 | $17.6M | |
| Truist Bank | 42 | $17.5M |
Detail
Which industries inside the sector
All SBA lending in North Carolina
21,235 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 North Carolina?
- 824 SBA loans totalling $524,826,700 have been approved for arts, entertainment, and recreation projects in North Carolina since FY2010.
- Which lenders finance arts & recreation in North Carolina?
- The most active by dollars approved are Business Expansion Funding Corporation, United Community Bank, Wells Fargo Bank, The Huntington National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in North Carolina?
- The median approval is $337,300, 48% above the national median for this sector ($228,400).
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