Financing for Radio Stations

With these loans for radio stations, the SBA guarantees the lender that the loan will be repaid. This radio stations loan for $350,000 was given to a Missouri entrepreneur in 2006.

This small firm knew how to go about getting a business bank loan. Based in Kaiser, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Bank Of The Lake, based in Osage Beach, Missouri.

SBA Loan Borrower

COMPANY TYPE: RADIO STATIONS
KAISER, MO 65047

SBA Loan Lender

FIRST BANK OF THE LAKE
4558 HWY 54, STE 100
OSAGE BEACH, MO 65065

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

515112 - Radio Stations

Loan Approval Date

3/30/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $350,000. How would you spend $350,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

Related Links:

Financing Your Business

SBA Approved Banks in Osage Beach, Missouri

Missouri SBA Bank Lenders