How much do SBA lenders typically lend to a periodical publishers business?

The median SBA approval in NAICS 511120 is $127,250, with the middle 80% of loans between $18,000 and $1,155,000. Across all industries the median is $180,000.

Which lenders are most active in periodical publishers?

By dollars approved: Wells Fargo Bank, U.S. Bank, Univest Bank and Trust Co, Western Alliance Bank, Metro City Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is periodical publishers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.0% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 511120 · Information

SBA loans for periodical publishers

334 SBA loans worth $148.7M have been approved in this industry since FY2010 - the #427 most-financed NAICS code in the country.

Median loan

$127,250

-29% vs all industries

Typical range

$18K-$1.2M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

7.5 yr

Charge-off rate

11.0%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Wells Fargo Bank	38	$10.6M
U.S. Bank	16	$7.4M
Univest Bank and Trust Co	2	$5.7M
Western Alliance Bank	1	$5.0M
Metro City Bank	1	$5.0M
Arvest Bank	3	$5.0M
b1BANK	1	$4.8M
Newtek Small Business Finance, Inc.	2	$4.6M
Banc of California	2	$4.5M
Old National Bank	3	$3.5M

Geography

Where these loans were made

State	Loans	Share
California	33
New York	25
Texas	24
Florida	23
Illinois	20
Ohio	15
Missouri	13
Georgia	12

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
28%
$50K - $150K
23%
$150K - $350K
17%
$350K - $1M
19%
$1M - $2M
7%
Over $2M
6%

Nearby

Other information industries

See the sector

Motion Picture and Video Production1,972 · $85,000 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services1,626 · $157,250 Software Publishers791 · $100,000 All Other Telecommunications552 · $181,000 All Other Information Services418 · $139,200 Motion Picture Theaters381 · $487,900 Internet Publishing and Broadcasting and Web Search Portals371 · $63,200 Sound Recording Studios352 · $125,000

Common questions

How much do SBA lenders typically lend to a periodical publishers business?: The median SBA approval in NAICS 511120 is $127,250, with the middle 80% of loans between $18,000 and $1,155,000. Across all industries the median is $180,000.
Which lenders are most active in periodical publishers?: By dollars approved: Wells Fargo Bank, U.S. Bank, Univest Bank and Trust Co, Western Alliance Bank, Metro City Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is periodical publishers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.0% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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