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May 3, 2024  
 
 
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Georgia Small Business Funding

 

 
Loan Census SBA Loan Info

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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