Achen Becker Media, LLC
Achen Becker Media, LLC, located in Charles City, Iowa, is classified under the industry Radio Broadcasting Stations (NAICS 516110). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $950,000, approved on February 17, 2026 through Bank Iowa.
SBA 7(a) loan, change of ownership, approved Feb 17, 2026
$950,000 approvedLender: Bank Iowa124 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $950,000
- SBA-guaranteed amount
- $712,500 (75% of the approval)
- Lender
- Bank Iowa, West Des Moines, IA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.6%, fixed
- Term
- 10 years, 4 months (124 months)
- Estimated maturity
- June 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,082 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 516110, Radio Broadcasting Stations
- Project location
- Floyd County, IA
- SBA district office
- Des Moines District Office
- Congressional district
- IA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Radio Broadcasting Stations: $696,240.
- Average acquisition loan in Iowa: $1,701,244.
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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