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December 22, 2024  
 
 
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SBA 7A Banks in Massachusetts

 

 
Loan Census SBA Loan Info

Commercial Loans for RV Parks and Campgrounds

Looking for commercial loans for rv parks and campgrounds? The SBA may be the answer. This $65,000 rv parks and campgrounds loan was issued by a Massachusetts bank.

Getting a small business loan in Ashby, Massachusetts was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Gardner, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE PARKS AND CAMPSITES
ASHBY, MA 01431

SBA Loan Lender

TD BANKNORTH
90 PEARSON BLVD
GARDNER, MA 01440

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7033 - Recreational Vehicle Parks and Campsites

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

5/17/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Advice on Getting a Small Business Loan

Small Business Banks in Gardner, Massachusetts

Getting a Business Loan in Massachusetts