New York · Arts & Recreation
SBA loans for arts & recreation in New York
2,015 loans worth $759.2M approved since FY2010 for arts, entertainment, and recreation projects located in New York.
Loans
2,015
Approved
$759.2M
Median loan
$140,000
-39% vs sector nationally
Median rate
7.50%
Jobs supported
20,593
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 New York
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Empire State Certified Development Corporation | 128 | $96.9M | |
| Live Oak Banking Company | 29 | $42.6M | |
| Newtek Small Business Finance, Inc. | 34 | $39.5M | |
| Manufacturers and Traders Trust Company | 299 | $35.9M | |
| KeyBank | 99 | $34.9M | |
| JPMorgan Chase Bank | 176 | $31.9M | |
| TD Bank | 170 | $31.1M | |
| NewBank | 25 | $29.0M |
Detail
Which industries inside the sector
All SBA lending in New York
63,396 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 New York?
- 2,015 SBA loans totalling $759,192,700 have been approved for arts, entertainment, and recreation projects in New York since FY2010.
- Which lenders finance arts & recreation in New York?
- The most active by dollars approved are Empire State Certified Development Corporation, Live Oak Banking Company, Newtek Small Business Finance, Inc., Manufacturers and Traders Trust Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in New York?
- The median approval is $140,000, 39% below the national median for this sector ($228,400).
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