RV Parks and Campgrounds Loans

Looking for loans for rv parks and campgrounds? An SBA loan may be just what you've been looking for. This $391,000 rv parks and campgrounds loan was issued by a Wisconsin bank.

Getting a small business loan in Baileys Harbor, Wisconsin was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Luxemburg, operating out of Luxemburg, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE PARKS AND CAMPSITES
BAILEYS HARBOR, WI 54202

SBA Loan Lender

BANK OF LUXEMBURG
630 MAIN ST
LUXEMBURG, WI 54217

This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

12/1/2005

Loan Approval Gross Amount

$391,000

Loan Approval from the SBA

Of the total $391,000 loan amount, the SBA guaranteed $293,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Luxemburg are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

How to Raise Money

Banks in Luxemburg, Wisconsin

Where to Get an SBA Loan Wisconsin