Financing for Radio Stations
Looking for commercial loans for radio stations? Talk to a banker who works with the SBA. This $30,000 radio stations loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Holland, Ohio was able to borrow $30,000 from Fifth Third Bank. The SBA made the loan possible by guaranteeing $15,000 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: RADIO BROADCASTING STATIONS
HOLLAND, OH 43528
SBA Loan Lender
FIFTH THIRD BANK
606 MADISON AVE
TOLEDO, OH 43604
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
4832 - Radio Broadcasting Stations
NAICS Code
513112 - Radio Stations
Loan Approval Date
11/15/2000
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Fifth Third Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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