How Much Can Dance Companies Businesses Get in SBA Loans?
621 SBA loans totaling $166.6M have been approved for dance companies businesses (NAICS 711120). The average approved SBA loan is $268K, which is 21% below avg the $340K national average. 225 active lenders fund this industry with a 9.3% default rate on the matured 2018-2021 loan cohort.
At 9.3%, Dance Companies sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 711120 (Dance Companies) received 621 SBA loans worth $166.6M across 5+ states. Average loan $268K, average term 146 months, 9.3% default rate (resolved-loan basis).225 active SBA-approved lenders fund this industry. Most dance companies loans use the SBA 7(a) program. There are approximately 849 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Dance Companies?+46% growth
Which SBA Program Do Dance Companies Businesses Use Most?
What Is the Best SBA Loan for Dance Companies?
The most widely used SBA program for dance companies businesses — flexible terms, multiple use cases
Where Are Dance Companies SBA Loans Most Common?
Top SBA Lenders for Dance Companies
These banks have funded the most SBA loans for dance companies businesses (NAICS 711120). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 43 | $11.1M |
| 2 | The Huntington National Bank(OH) | 32 | $5.3M |
| 3 | PNC Bank, National Association(DE) | 28 | $4.9M |
| 4 | Bank of America, National Association(NC) | 24 | $786K |
| 5 | JPMorgan Chase Bank, National Association(OH) | 20 | $1.7M |
Dance Companies Industry Context
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PeerSense places SBA loans for dance companies businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Dance Companies Businesses?
Across all SBA loan programs, 621 loans have been approved for businesses classified under NAICS 711120 (Dance Companies), representing $166.6M in total capital deployed. The average approved loan of $268K is 21% below avg the national SBA average of $340K, with typical repayment terms of 146 months.
SBA lending for dance companies is accelerating — loan volume has grown approximately 46% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
The industry sees a balanced mix of SBA programs, with 10% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching dance companies business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Dance Companies SBA Loans
What is the average SBA loan size for dance companies businesses?
Which SBA loan program is best for a dance companies business?
How many lenders fund SBA loans for dance companies?
What states have the most SBA lending for dance companies?
How does PeerSense help dance companies businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Dance Companies defined by NAICS code 711120. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.