How much do SBA lenders typically lend to a radio broadcasting stations business?

The median SBA approval in NAICS 516110 is $150,000, with the middle 80% of loans between $15,000 and $1,224,000. Across all industries the median is $180,000.

Which lenders are most active in radio broadcasting stations?

By dollars approved: Newtek Small Business Finance, Inc., Customers Bank, Advantage Certified Development Corporation, First Bank & Trust, Community Bank of Pickens County. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

NAICS 516110 · Information

SBA loans for radio broadcasting stations

57 SBA loans worth $22.2M have been approved in this industry since FY2010 - the #824 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$15K-$1.2M

Middle 80%

Median rate

8.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

Cohort too small

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
Newtek Small Business Finance, Inc.	8	$4.5M
Customers Bank	2	$2.5M
Advantage Certified Development Corporation	1	$2.5M
First Bank & Trust	1	$2.0M
Community Bank of Pickens County	1	$1.6M
Raccoon Valley Bank	2	$1.4M
Business Expansion Funding Corporation	1	$1.3M
Bank Iowa	1	$950K
The Huntington National Bank	3	$897K
Machias Savings Bank	1	$599K

Geography

Where these loans were made

State	Loans	Share
Nevada	7
Michigan	4
Florida	4
Maine	4
California	3
Massachusetts	3
New York	3
Iowa	3

Approvals by fiscal year

’10

’13

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
30%
$50K - $150K
18%
$150K - $350K
21%
$350K - $1M
19%
$1M - $2M
9%
Over $2M
4%

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 radio broadcasting stations business?: The median SBA approval in NAICS 516110 is $150,000, with the middle 80% of loans between $15,000 and $1,224,000. Across all industries the median is $180,000.
Which lenders are most active in radio broadcasting stations?: By dollars approved: Newtek Small Business Finance, Inc., Customers Bank, Advantage Certified Development Corporation, First Bank & Trust, Community Bank of Pickens County. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.