How Much Can Newspaper Publishers Businesses Get in SBA Loans?
867 SBA loans totaling $194.6M have been approved for newspaper publishers businesses (NAICS 511110). The average approved SBA loan is $224K, which is 34% below avg the $340K national average. 318 active lenders fund this industry with a 16.0% default rate on the matured 2018-2021 loan cohort.
At 16.0%, Newspaper Publishers sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 511110 (Newspaper Publishers) received 867 SBA loans worth $194.6M across 5+ states. Average loan $224K, average term 110 months, 16.0% default rate (resolved-loan basis).318 active SBA-approved lenders fund this industry. Most newspaper publishers loans use the SBA 7(a) program. There are approximately 6,096 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Newspaper Publishers?-67% decline
Which SBA Program Do Newspaper Publishers Businesses Use Most?
What Is the Best SBA Loan for Newspaper Publishers?
The most widely used SBA program for newspaper publishers businesses — flexible terms, multiple use cases
Where Are Newspaper Publishers SBA Loans Most Common?
Top SBA Lenders for Newspaper Publishers
These banks have funded the most SBA loans for newspaper publishers businesses (NAICS 511110). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 54 | $3.7M |
| 2 | Wells Fargo Bank National Association(SD) | 44 | $11.5M |
| 3 | Citizens Bank, National Association(RI) | 35 | $1.2M |
| 4 | U.S. Bank, National Association(OH) | 31 | $5.5M |
| 5 | JPMorgan Chase Bank, National Association(OH) | 27 | $2.7M |
Newspaper Publishers Industry Context
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How Does SBA Lending Work for Newspaper Publishers Businesses?
Across all SBA loan programs, 867 loans have been approved for businesses classified under NAICS 511110 (Newspaper Publishers), representing $194.6M in total capital deployed. The average approved loan of $224K is 34% below avg the national SBA average of $340K, with typical repayment terms of 110 months.
SBA lending for newspaper publishers has contracted approximately 67% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 318 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 6% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching newspaper publishers business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Newspaper Publishers SBA Loans
What is the average SBA loan size for newspaper publishers businesses?
Which SBA loan program is best for a newspaper publishers business?
How many lenders fund SBA loans for newspaper publishers?
What states have the most SBA lending for newspaper publishers?
How does PeerSense help newspaper publishers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Newspaper Publishers defined by NAICS code 511110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.