SBA Loans for NAICS 516 in Minnesota: Top Lenders
NAICS 516NAICS 516 covers internet publishing and broadcasting businesses in Minnesota. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Minnesota
Median Loan Size
$2,000,000
per approval
Recent Activity
0
last 90 days through Nov 2024
NAICS 516 covers internet publishing and broadcasting businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $2,000,000.
Key trends & insights
- NAICS 516 in Minnesota loans run larger than the SBA average — a $2,000,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-11-18 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 516 in Minnesota
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $2,000,000 |
Recent SBA 7(a) approvals for NAICS 516 in Minnesota
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-11 | Newtek Bank, National Association | Bra*****nc. | Silver Bay, MN | $2,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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