Richland Creek Media, LLC
Richland Creek Media, LLC is a business in Nashville, Tennessee, in the Web Search Portals and All Other Information Services industry. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,625,500, approved on February 27, 2025 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Feb 27, 2025
$1,625,500 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,625,500
- SBA-guaranteed amount
- $1,219,125 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $21,034 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 519290, Web Search Portals and All Other Information Services
- Project location
- Davidson County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 83% of acquisition loans in Web Search Portals and All Other Information Services on this site.
- Average acquisition loan in Web Search Portals and All Other Information Services: $1,216,958.
- Average acquisition loan in Tennessee: $1,738,925.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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