Promoters of Performing Arts, Sports, and Similar Events with Facilities: SBA business acquisition loan data
24 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Promoters of Performing Arts, Sports, and Similar Events with Facilities (NAICS 711310), totaling $30.2M. Median loan $802,400, 24% higher than the all-acquisition median.
The purchase agreement decides what you bought, not the loan approval.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,869,250 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is less than 0.05% of all SBA-financed business purchases, ranking #266 of 300 industries tracked.
- Geography. California leads with 4 loans; the top five states account for 58% of the industry's acquisitions.
- Jobs. Lenders reported 278 jobs supported across these loans, about 11.6 per acquisition, a rough proxy for the size of business changing hands.
Promoters of Performing Arts, Sports, and Similar Events with Facilities acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $875K | $312,300 | |
| FY2019 | 2 | $3.9M | $1,968,900 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 1 | $100K | $100,000 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 5 | $7.2M | $965,000 | |
| FY2026 | 13 | $18.1M | $1,335,100 |
How often do these acquisition loans fail?
Fewer than 20 Promoters of Performing Arts, Sports, and Similar Events with Facilities acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 4 | 16.7% | $3.1M | |
| 2 | Texas | 3 | 12.5% | $7.2M | |
| 3 | Indiana | 3 | 12.5% | $5.3M | |
| 4 | Illinois | 2 | 8.3% | $475K | |
| 5 | Oklahoma | 2 | 8.3% | $258K | |
| 6 | Louisiana | 1 | 4.2% | $3M | |
| 7 | Washington | 1 | 4.2% | $2.5M | |
| 8 | Colorado | 1 | 4.2% | $2.2M | |
| 9 | Arkansas | 1 | 4.2% | $1.5M | |
| 10 | Pennsylvania | 1 | 4.2% | $1.4M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 2 | 8.3% | $5M | |
| 2 | The Huntington National Bank | 2 | 8.3% | $3.6M | |
| 3 | U.S. Bank, National Association | 2 | 8.3% | $2.6M | |
| 4 | Newtek Bank, National Association | 2 | 8.3% | $475K | |
| 5 | Regent Bank | 2 | 8.3% | $258K | |
| 6 | First Western SBLC, LLC d/b/a Peachtree Group | 1 | 4.2% | $3.6M | |
| 7 | Capital One National Association | 1 | 4.2% | $3M | |
| 8 | Celtic Bank Corporation | 1 | 4.2% | $2.2M | |
| 9 | The Bancorp Bank National Association | 1 | 4.2% | $1.8M | |
| 10 | Readycap Lending, LLC | 1 | 4.2% | $1.5M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much is a typical SBA loan to buy a business in Promoters of Performing Arts, Sports, and Similar Events with Facilities?
Median $802,400 across 24 acquisition loans (FY2018 to FY2026); the middle half ran $211,475 to $1,869,250. That is 24% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Promoters of Performing Arts, Sports, and Similar Events with Facilities acquisitions?
First Internet Bank of Indiana (2), The Huntington National Bank (2), U.S. Bank, National Association (2), Newtek Bank, National Association (2), Regent Bank (2).
Are businesses in Promoters of Performing Arts, Sports, and Similar Events with Facilities often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Promoters of Performing Arts, Sports, and Similar Events with Facilities?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Promoters of Performing Arts, Sports, and Similar Events with Facilities acquisitions?
Median term 10 years, average initial rate 8.88% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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