What is the SBA loan default rate for Sound Recording Studios?

At 22.7%, Sound Recording Studios sits well above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), elevated default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 192 lenders actively fund this industry.

Which SBA program is best for Sound Recording Studios?

The SBA 7(a) program is the most commonly used for Sound Recording Studios businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 512240Information & Technology

How Much Can Sound Recording Studios Businesses Get in SBA Loans?

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721 SBA loans totaling $180.9M have been approved for sound recording studios businesses (NAICS 512240). The average approved SBA loan is $251K, which is 26% below avg the $340K national average. 192 active lenders fund this industry with a 22.7% default rate on the matured 2018-2021 loan cohort.

Elevated default risk22.7% vs 15.4% all industry avg

At 22.7%, Sound Recording Studios sits well above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), elevated default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 512240 (Sound Recording Studios) received 721 SBA loans worth $180.9M across 5+ states. Average loan $251K, average term 127 months, 22.7% default rate (resolved loan basis).192 active SBA approved lenders fund this industry. Most sound recording studios loans use the SBA 7(a) program. There are approximately 2,117 U.S. establishments in this industry (Census 2022).

721

Total SBA Loans

$180.9M

Total Volume

$251K

Avg Loan Size

26% below avg

192

Active Lenders

127 mo

Avg Term

near national avg

2,917

Jobs Supported

Is SBA Lending Growing for Sound Recording Studios?-32% decline

$6.6M

$13.9M

$9.0M

$6.4M

$16.5M

$17.5M

$15.5M

$7.5M

$4.9M

$5.6M

Which SBA Program Do Sound Recording Studios Businesses Use Most?

SBA 7(a)661 (92%)

SBA 50460 (8%)

What Is the Best SBA Loan for Sound Recording Studios?

SBA 7(a)

The most widely used SBA program for sound recording studios businesses: flexible terms, multiple use cases

Industry avg loan: $251K

Typical term: 127 months

Historical avg rate: 7.94%

192+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 22.7%

Where Are Sound Recording Studios SBA Loans Most Common?

192 loans

$78.5M

93 loans

$23.7M

33 loans

$15.3M

30 loans

$3.6M

28 loans

$2.3M

SBA Lending Activity in Sound Recording Studios

192 SBA lenders have funded 721 loans to sound recording studios businesses (NAICS 512240). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

721

Active lenders

192

Total volume

$180.9M

Avg loan size

$251K

Browse all SBA lenders

Sound Recording Studios Industry Context

U.S. Establishments

2,117

U.S. Census Bureau · 2022

U.S. Employment

2,812,000

BLS · 2026

SBA Penetration

34.06%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for sound recording studios businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Sound Recording Studios business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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How Does SBA Lending Work for Sound Recording Studios Businesses?

Across all SBA loan programs, 721 loans have been approved for businesses classified under NAICS 512240 (Sound Recording Studios), representing $180.9M in total capital deployed. The average approved loan of $251K is 26% below avg the national SBA average of $340K, with typical repayment terms of 127 months.

SBA lending for sound recording studios has contracted approximately 32% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 192 lenders remain active, maintaining competitive options for qualified borrowers.

The industry sees a balanced mix of SBA programs, with 8% 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.

Talk to PeerSense about a sound recording studios file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Sound Recording Studios SBA Loans

What is the average SBA loan size for sound recording studios businesses?

Based on 721 approved SBA loans, the average loan size for sound recording studios (NAICS 512240) is $251K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a sound recording studios business?

SBA 7(a) is the most commonly used SBA program for sound recording studios businesses. The most widely used SBA program for sound recording studios businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for sound recording studios?

192 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a sound recording studios file.

What states have the most SBA lending for sound recording studios?

CA leads with 192 SBA loans and $78.5M in total volume for sound recording studios businesses. NY, TX, PA also show strong lending activity in this sector.

How does PeerSense help sound recording studios businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a sound recording studios file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

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Avg: $233K

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Avg: $234K

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Newspaper Publishers

Data aggregated from SBA loan records (1992 to 2025). Sound Recording Studios defined by NAICS code 512240. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.