Financing for Radio Networks
Looking for commercial loans for radio networks? The SBA may be the answer. This $101,859 radio networks loan was issued by a Georgia bank.
This small business knew how to go about getting a business bank loan. Based in Hinesville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First Citizens Bank, based in Hinesville, Georgia.
SBA Loan Borrower
COMPANY TYPE: RADIO BROADCASTING STATIONS
HINESVILLE, GA 31313
SBA Loan Lender
FIRST CITIZENS BANK
119 E GENERAL SCREVEN WAY
HINESVILLE, GA 31310
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4832 - Radio Broadcasting Stations
NAICS Code
513111 - Radio Networks
Loan Approval Date
12/9/2003
Loan Approval Gross Amount
$101,859
Loan Approval from the SBA
Of the total $101,859 loan amount, the SBA guaranteed $86,580.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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