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