How Much Can Musical Instrument and Supplies Stores Businesses Get in SBA Loans?
2,045 SBA loans totaling $409.9M have been approved for musical instrument and supplies stores businesses (NAICS 451140). The average approved SBA loan is $200K, which is 41% below avg the $340K national average. 480 active lenders fund this industry with a 15.3% default rate on the matured 2018-2021 loan cohort.
At 15.3%, Musical Instrument and Supplies Stores sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 451140 (Musical Instrument and Supplies Stores) received 2,045 SBA loans worth $409.9M across 5+ states. Average loan $200K, average term 114 months, 15.3% default rate (resolved-loan basis).480 active SBA-approved lenders fund this industry. Most musical instrument and supplies stores loans use the SBA 7(a) program.
Is SBA Lending Growing for Musical Instrument and Supplies Stores?-88% decline
Which SBA Program Do Musical Instrument and Supplies Stores Businesses Use Most?
What Is the Best SBA Loan for Musical Instrument and Supplies Stores?
The most widely used SBA program for musical instrument and supplies stores businesses — flexible terms, multiple use cases
Where Are Musical Instrument and Supplies Stores SBA Loans Most Common?
Top SBA Lenders for Musical Instrument and Supplies Stores
These banks have funded the most SBA loans for musical instrument and supplies stores businesses (NAICS 451140). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 137 | $28.7M |
| 2 | U.S. Bank, National Association(OH) | 104 | $19.5M |
| 3 | Bank of America, National Association(NC) | 98 | $7.1M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 81 | $13.3M |
| 5 | PNC Bank, National Association(DE) | 80 | $8.9M |
Ready to Fund Your Musical Instrument and Supplies Stores Business?
PeerSense places SBA loans for musical instrument and supplies stores 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 Musical Instrument and Supplies Stores Businesses?
Across all SBA loan programs, 2,045 loans have been approved for businesses classified under NAICS 451140 (Musical Instrument and Supplies Stores), representing $409.9M in total capital deployed. The average approved loan of $200K is 41% below avg the national SBA average of $340K, with typical repayment terms of 114 months.
SBA lending for musical instrument and supplies stores has contracted approximately 88% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 480 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 9% 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 musical instrument and supplies stores 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 — Musical Instrument and Supplies Stores SBA Loans
What is the average SBA loan size for musical instrument and supplies stores businesses?
Which SBA loan program is best for a musical instrument and supplies stores business?
How many lenders fund SBA loans for musical instrument and supplies stores?
What states have the most SBA lending for musical instrument and supplies stores?
How does PeerSense help musical instrument and supplies stores businesses get SBA loans?
Related Retail Trade Industries
All Other Miscellaneous Store Retailers (except Tobacco Stores)
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Gift, Novelty, and Souvenir Stores
Florists
All Other General Merchandise Stores
Other Direct Selling Establishments
Data aggregated from SBA loan records (1992–2025). Musical Instrument and Supplies Stores defined by NAICS code 451140. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.