How to Get a Loan for RV Parks and Campgrounds
With these business loans for rv parks and campgrounds, the SBA guarantees the lender that the loan will be repaid. This rv parks and campgrounds loan for $50,000 was given to a New Hampshire entrepreneur in 2006.
This small business knew how to go about getting a business bank loan. Based in Campton, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Northway Bank, based in Berlin, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: RV PARKS AND CAMPGROUNDS
CAMPTON, NH 03223
SBA Loan Lender
NORTHWAY BANK
9 MAIN ST
BERLIN, NH 03570
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
721211 - RV Parks and Campgrounds
Loan Approval Date
4/14/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in Campton NH, you ought to talk with a local Campton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Campton businesses.
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.
Related Links:
Borrowing Money from Friends and Family
Who Lends Money to Small Businesses in Berlin, New Hampshire
SBA Lenders in New Hampshire