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NAICS 516110, industry

NAICS 516110: Radio broadcasting stations

NAICS 516110 is the industry code for radio broadcasting stations. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.

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What 516110 covers

Radio broadcasting stations broadcast audio programs over the air, often streaming online as well. Radio networks are included.

NAICS 2022 combined radio networks and radio stations into 516110.

Included in this code

  • AM and FM radio stations
  • Radio networks
  • Online radio stations owned by broadcasters

Not this code

Businesses that use 516110

Local FM stationAM radio station

Financing for this trade

Radio stations use acquisition loans secured by licenses and SBA loans. Lenders look at ad revenue and FCC licenses.

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Is 516110 the right code for a radio station?

Yes, if you broadcast radio programs over the air. Podcast producers use 512290, and internet only streaming may use 516210. The closest alternatives are 512290 (other sound recording industries) and 516210 (media streaming distribution services, social networks, and other media networks and content providers). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.

What is the SBA size standard for 516110?

The SBA size standard for 516110 is $47M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A radio station at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.

How are radio station purchases financed?

Buyers use SBA 7(a) loans, seller notes and term loans secured by station assets. FCC licenses cannot be pledged directly, so lenders take security in the license proceeds. Lenders review ad revenue and market ratings. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.

What does NAICS 516110 cover?

Radio broadcasting stations. Industry level code in NAICS 2022, under 51 Information, 516 Broadcasting and content providers, 5161 Radio and television broadcasting stations, 51611 Radio broadcasting stations.

What financing do NAICS 516110 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 516110?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.