Red Hen Media LLC
Red Hen Media LLC is located in New Bern, NC, and the SBA lists its industry as Web Search Portals and All Other Information Services. It was approved for an SBA 7(a) loan of $1,550,000 for a change of ownership on September 25, 2026.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
- Gross approval
- $1,550,000
- SBA-guaranteed amount
- $1,162,500 (75% of the approval)
- Lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $20,269 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 519290, Web Search Portals and All Other Information Services
- Project location
- Craven County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 75% 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 North Carolina: $1,952,444.
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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