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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 | Share |
|---|---|---|---|
| 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 |
An SBA 7(a) lender for loans this size
68% of the SBA loans approved in radio broadcasting stations since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K30%
- $50K - $150K18%
- $150K - $350K21%
- $350K - $1M19%
- $1M - $2M9%
- Over $2M4%
Nearby
Other information industries
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.
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