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May 8, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Port Saint Lucie, Business Loans > First Peoples Bank Port Saint Lucie Business Loans > Radio Broadcasting Stations Loan | ||||
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Port St. Lucie, Florida Bank Loan
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Loans for Radio StationsLooking for loans for radio stations? Talk to a banker who works with the SBA. This $375,000 radio stations loan was issued by a Florida bank. This small firm knew how to go about getting a business bank loan. Based in Port St. Lucie, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First Peoples Bank, based in Port Saint Lucie, Florida. SBA Loan Borrower COMPANY TYPE: RADIO BROADCASTING STATIONS SBA Loan Lender FIRST PEOPLES BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4832 - Radio Broadcasting Stations NAICS Code 513112 - Radio Stations Loan Approval Date 8/14/2001 Loan Approval Gross Amount $375,000 Loan Approval from the SBA Of the total $375,000 loan amount, the SBA guaranteed $281,250. 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 14 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Peoples Bank and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - Getting Venture Capital Where to Get an SBA Loan in Port Saint Lucie, Florida
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