Radio Maintenance, Inc.
Radio Maintenance, Inc. is located in Reading, PA, and the SBA lists its industry as Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing. It was approved for an SBA 7(a) loan of $2,400,000 for a change of ownership on May 28, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved May 28, 2025
- Gross approval
- $2,400,000
- SBA-guaranteed amount
- $1,800,000 (75% of the approval)
- Lender
- Tompkins Community Bank, Ithaca, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.44%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $27,178 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 334220, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
- Project location
- Berks County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: $1,600,000.
- Average acquisition loan in Pennsylvania: $1,636,965.
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.
SBA 7(a) loan, change of ownership, approved May 28, 2025
- Gross approval
- $800,000
- SBA-guaranteed amount
- $600,000 (75% of the approval)
- Lender
- Tompkins Community Bank, Ithaca, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.44%, fixed
- Term
- 20 years (240 months)
- Estimated maturity
- May 28, 2045 (estimated, approval date plus term)
- Estimated monthly payment
- $5,936 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 334220, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
- Project location
- Berks County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: $1,600,000.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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