Bluffton, IN Entrepreneur Gets SBA Loan to Buy Koa Kampgroundskampgrounds Of America Franchise

Need a loan to invest in a Koa Kampgroundskampgrounds Of America franchise? First Merchants Bank has a history of making these loans and they are guaranteed by the SBA.

Koa Kampgroundskampgrounds Of America franchise loans are available to Bluffton, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Merchants Bank, based in Decatur, Indiana, issued an SBA franchise loan for a Koa Kampgroundskampgrounds Of America franchise in 2006. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

FT.WAYNE SOUTH KOA
BLUFFTON, IN 46714

SBA Loan Lender

FIRST MERCHANTS BANK
520 N 13TH ST
DECATUR, IN 46733

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

9/21/2006

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Koa Kampgroundskampgrounds Of America franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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