NAICS 515111 · Information
SBA loans for radio networks
55 SBA loans worth $50.2M have been approved in this industry since FY2010 - the #828 most-financed NAICS code in the country.
Median loan
$350,000
+94% vs all industries
Typical range
$13K-$3.0M
Middle 80%
Median rate
6.02%
7(a) initial note rate
Median term
10 yr
Charge-off rate
11.1%
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 | Share |
|---|---|---|---|
| Byline Bank | 4 | $11.1M | |
| Community Bank of Pickens County | 1 | $5.0M | |
| The Bank of Missouri | 3 | $4.6M | |
| Independent Bank | 2 | $4.6M | |
| Citizens Bank | 1 | $3.0M | |
| Stearns Bank | 2 | $2.8M | |
| Three Rivers Federal Credit Union | 1 | $2.5M | |
| Fifth Third Bank | 1 | $2.3M | |
| Douglas National Bank | 1 | $2.3M | |
| BMO Bank | 1 | $1.3M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 5 | |
| Missouri | 5 | |
| Minnesota | 5 | |
| Michigan | 5 | |
| Ohio | 4 | |
| Wisconsin | 4 | |
| Illinois | 3 | |
| Massachusetts | 3 |
Approvals by fiscal year
’10
’11
’12
’15
’16
’17
’18
’19
’20
’21
’22
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K18%
- $50K - $150K20%
- $150K - $350K11%
- $350K - $1M22%
- $1M - $2M13%
- Over $2M16%
Nearby
Other information industries
Motion Picture and Video Production1,972 · $85,000Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services1,626 · $157,250Software Publishers791 · $100,000All Other Telecommunications552 · $181,000All Other Information Services418 · $139,200Motion Picture Theaters381 · $487,900Internet Publishing and Broadcasting and Web Search Portals371 · $63,200Sound Recording Studios352 · $125,000
Common questions
- How much do SBA lenders typically lend to a radio networks business?
- The median SBA approval in NAICS 515111 is $350,000, with the middle 80% of loans between $12,500 and $3,000,000. Across all industries the median is $180,000.
- Which lenders are most active in radio networks?
- By dollars approved: Byline Bank, Community Bank of Pickens County, The Bank of Missouri, Independent Bank, Citizens 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 radio networks considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.1% 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.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.