Arts, Entertainment & Recreation

51,846 SBA loans totaling $21.6B.

Total Loans
51,846
1991–2025
Total Volume
$21.6B
Gross approval amount
Avg Loan Size
$417K
Median: $156K
Default Rate
12.5%
Avg rate: 7.64%

Loan Status

Active23.1%
Paid in Full50.7%
Charged Off10.5%
Cancelled12.7%
Committed2.3%

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Arts, Entertainment & Recreation — Annual Lending Volume

Top States

Loan Size Distribution

Top Lenders for Arts, Entertainment & Recreation

LenderLoansVolumeAvg RateDefault Rate
The Huntington National Bank3,540$1.0B8.21%5.0%
Wells Fargo Bank National Association3,080$880.6M7.74%14.8%
U.S. Bank, National Association1,836$543.1M7.47%11.6%
Live Oak Banking Company374$430.7M7.49%2.4%
KeyBank National Association774$345.7M7.40%6.4%
Byline Bank276$339.6M7.41%14.9%
Readycap Lending, LLC830$328.3M11.60%27.3%
Newtek Small Business Finance, Inc.499$319.7M7.38%7.2%
JPMorgan Chase Bank, National Association1,679$295.0M7.68%15.2%
Celtic Bank Corporation468$251.5M7.57%19.6%
TD Bank, National Association1,039$250.6M9.03%12.9%
Manufacturers and Traders Trust Company1,312$219.1M8.19%9.5%
Brookline Bank, a Division of Beacon Bank and Trust310$208.5M6.91%4.9%
PNC Bank, National Association1,075$201.3M7.93%20.9%
Newtek Bank, National Association457$187.1M11.43%0.0%
Columbia Bank537$181.7M7.56%16.7%
Cadence Bank317$160.3M7.69%8.2%
Old National Bank313$157.2M6.49%12.0%
Truist Bank465$156.5M6.16%13.8%
Citizens Bank238$151.9M8.84%2.4%
Simmons Bank369$139.2M6.77%11.1%
Comerica Bank227$131.6M6.29%27.5%
Zions Bank, A Division of542$129.2M7.61%13.9%
Bank of America, National Association1,433$128.7M7.40%27.1%
Business Loan Center, LLC229$121.9MN/A31.4%

Sub-Industries within Arts, Entertainment & Recreation

Sub-IndustryLoansVolumeAvg SizeDefault Rate
Fitness and Recreational Sports Centers25,540$9.2B$360K12.3%
All Other Amusement and Recreation Industries8,912$4.7B$529K11.0%
Bowling Centers2,696$1.7B$622K13.1%
Golf Courses and Country Clubs1,895$1.4B$713K12.8%
Marinas1,315$829.9M$631K7.3%
Amusement and Theme Parks963$685.5M$712K16.0%
Promoters of Performing Arts, Sports, and Similar Events with Faciliti1,344$654.1M$487K11.3%
Amusement Arcades1,292$505.8M$391K16.0%
Independent Artists, Writers, and Performers2,808$454.3M$162K15.5%
Theater Companies and Dinner Theaters683$273.4M$400K16.3%
Sports Teams and Clubs441$243.8M$553K10.2%
Promoters of Performing Arts, Sports, and Similar Events without Facil959$195.4M$204K14.6%
Agents and Managers for Artists, Athletes, Entertainers, and Other Pub660$181.8M$275K16.7%
Dance Companies626$166.7M$266K5.6%
Skiing Facilities101$101.9M$1.0M3.5%
Racetracks164$98.0M$598K15.8%
Other Spectator Sports339$62.0M$183K16.9%
Museums174$58.6M$337K21.7%
Musical Groups and Artists481$54.9M$114K18.6%
Zoos and Botanical Gardens75$48.8M$650K12.5%
Other Performing Arts Companies285$42.9M$151K12.6%
Nature Parks and Other Similar Institutions34$11.9M$350K9.7%
Casinos (except Casino Hotels)16$11.2M$699K7.1%
Other Gambling Industries31$4.1M$133K18.5%
Historical Sites12$783K$65K18.2%