Powered by LevrNAICS 516120: Television broadcasting stations
NAICS 516120 is the industry code for television broadcasting stations. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.
What 516120 covers
Television broadcasting stations broadcast television programs over the air. Low power stations and television networks are included.
NAICS 2022 moved this code from 515120 to 516120.
Included in this code
- TV broadcasting stations
- Television networks
- Low power TV stations
Not this code
- Cable programming: see 516210 Media streaming distribution services, social networks, and other media networks and content providers
- Film production: see 512110 Motion picture and video production
- Cable providers: see 517111 Wired telecommunications carriers
Businesses that use 516120
Financing for this trade
TV stations use acquisition loans and term loans, with lenders reviewing retransmission revenue and ad sales.
Apply for funding with AIIs 516120 the right code for a television station?
Yes, if you broadcast television programs over the air. Cable networks use 516210, and cable providers use 517111. If your work overlaps, also read the definitions for 516210 (media streaming distribution services, social networks, and other media networks and content providers) and 512110 (motion picture and video production), then choose the code that matches your largest source of revenue.
What is the SBA size standard for 516120?
The SBA size standard for 516120 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 television station at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
How are television stations financed?
Station acquisitions use term loans and seller financing. Lenders review retransmission consent fees, political and local ad revenue and network affiliation agreements, and they look closely at how much cash flow covers debt payments. Businesses within the $47M SBA size standard can also use SBA 7(a) loans of up to $5 million for working capital, equipment or a buyout, and SBA 504 loans for owner occupied buildings.
What does NAICS 516120 cover?
Television broadcasting stations. Industry level code in NAICS 2022, under 51 Information, 516 Broadcasting and content providers, 5161 Radio and television broadcasting stations, 51612 Television broadcasting stations.
What financing do NAICS 516120 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 516120?
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.