Industry · lender intelligence

Financing a radio broadcasting stations acquisition

State:

The SBA 7(a) lenders funding the most radio broadcasting stations acquisitions, ranked from public loan records — typical deal about $617K. A lender doing your industry every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance radio broadcasting stations

$637K

Typical loan

range $182K–$788K

$708K

Est. purchase price

≈ loan ÷ 90%

$94,695

Cash to close

$70,800 down + fees

$8,245/mo

Typical payment

~9.5% · 10yr

$113,781/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

70 days

Typical time to fund

Lenders competing

more = leverage

7.93%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in radio broadcasting stations

Ranked by funded radio broadcasting stations acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.31 loans · $11M · Green Bay, WIFull record →
2.11 loans · $3M · Machias, MEFull record →
3.5 loans · $1M · Winona, MNFull record →
4.4 loans · $2M · West Des Moines, IAFull record →

6+ funded radio broadcasting stations deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Achen Becker Media, LLC in Charles City, IA — $950K (2026) · purchase · Bank Iowa
Program
7a General
Rate at approval
7.6% fixed
Term
123 months
SBA guaranteed
$713K (75%)
Approved
2/17/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
12
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$106K
Est. cash at closing
$145K
Monthly payment
$11,142
Annual debt service
$134K
Cash flow needed (1.25×)
$167K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bank Iowa · Lender record →
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McGee Management Services, LLC in Perry, IA — $788K (2025) · purchase · Raccoon Valley Bank
Program
7a General
Rate at approval
7.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$591K (75%)
Approval → funding
70 days
Approved
5/22/2025
First disbursed
7/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$876K
Est. down payment (10%)
$88K
Est. cash at closing
$120K
Monthly payment
$9,457
Annual debt service
$113K
Cash flow needed (1.25×)
$142K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Raccoon Valley Bank
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McGee Management Services, LLC in Perry, IA — $637K (2025) · purchase · Raccoon Valley Bank
Program
7a General
Rate at approval
7.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$478K (75%)
Approval → funding
70 days
Approved
5/22/2025
First disbursed
7/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$708K
Est. down payment (10%)
$71K
Est. cash at closing
$95K
Monthly payment
$4,813
Annual debt service
$58K
Cash flow needed (1.25×)
$72K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Raccoon Valley Bank
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R.R. Larson & Associates L. L. C. in Northfield, MN — $100K (2025) · purchase · Merchants Bank, National Association
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$85K (85%)
Approval → funding
28 days
Approved
10/15/2024
First disbursed
11/12/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$111K
Est. down payment (10%)
$11K
Est. cash at closing
$14K
Monthly payment
$1,240
Annual debt service
$15K
Cash flow needed (1.25×)
$19K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank, National Association · Lender record →
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CODIN BROADCASTING LLC in Ellsworth, ME — $599K (2024) · purchase · Machias Savings Bank
Program
Preferred Lenders Program
Rate at approval
8.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$449K (75%)
Approval → funding
240 days
Approved
1/30/2024
First disbursed
9/26/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$665K
Est. down payment (10%)
$67K
Est. cash at closing
$89K
Monthly payment
$7,421
Annual debt service
$89K
Cash flow needed (1.25×)
$111K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Machias Savings Bank · Lender record →
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Aurora Media, LLC in Escanaba, MI — $182K (2023) · purchase · Nicolet National Bank
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$136K (75%)
Approval → funding
12 days
Approved
11/9/2022
First disbursed
11/21/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$202K
Est. down payment (10%)
$20K
Est. cash at closing
$27K
Monthly payment
$2,156
Annual debt service
$26K
Cash flow needed (1.25×)
$32K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Nicolet National Bank · Lender record →
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to radio broadcasting stations businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a radio broadcasting stations acquisition with an SBA 7(a) loan: the lenders that fund the most of them (from public records), typical cost, and what it takes to qualify. Nicolet National Bank funds the most. CapBench is not a lender.

$617K typical loan
5 lenders fund the industry
70 days typical to fund

Buyers researching a radio broadcasting stations deal typically pre-qualify, then ask CapBench to introduce a lender that funds the industry — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/radio-broadcasting-stations
API:: https://www.capbench.com/api/public/lenders?industry=radio-broadcasting-stations
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.