How Much Can Radio Stations Businesses Get in SBA Loans?
324 SBA loans totaling $178.7M have been approved for radio stations businesses (NAICS 515112). The average approved SBA loan is $551K, which is 62% above avg the $340K national average. 175 active lenders fund this industry with a 11.3% default rate on the matured 2018-2021 loan cohort.
At 11.3%, Radio Stations sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 515112 (Radio Stations) received 324 SBA loans worth $178.7M across 5+ states. Average loan $551K, average term 129 months, 11.3% default rate (resolved-loan basis).175 active SBA-approved lenders fund this industry. Most radio stations loans use the SBA 7(a) program. There are approximately 4,204 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Radio Stations?-80% decline
Which SBA Program Do Radio Stations Businesses Use Most?
What Is the Best SBA Loan for Radio Stations?
The most widely used SBA program for radio stations businesses — flexible terms, multiple use cases
Where Are Radio Stations SBA Loans Most Common?
Top SBA Lenders for Radio Stations
These banks have funded the most SBA loans for radio stations businesses (NAICS 515112). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 18 | $5.4M |
| 2 | Wells Fargo Bank National Association(SD) | 17 | $6.1M |
| 3 | The Huntington National Bank(OH) | 10 | $12.0M |
| 4 | First National Bank of Omaha(NE) | 6 | $461K |
| 5 | Newtek Small Business Finance, Inc.(NY) | 6 | $12.1M |
Radio Stations Industry Context
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How Does SBA Lending Work for Radio Stations Businesses?
Across all SBA loan programs, 324 loans have been approved for businesses classified under NAICS 515112 (Radio Stations), representing $178.7M in total capital deployed. The average approved loan of $551K is 62% above avg the national SBA average of $340K, with typical repayment terms of 129 months.
SBA lending for radio stations has contracted approximately 80% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 175 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 7% 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 radio stations 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 — Radio Stations SBA Loans
What is the average SBA loan size for radio stations businesses?
Which SBA loan program is best for a radio stations business?
How many lenders fund SBA loans for radio stations?
What states have the most SBA lending for radio stations?
How does PeerSense help radio stations businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Radio Stations defined by NAICS code 515112. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.