Raising Money for RV Parks and Campgrounds

Looking for bank loans for rv parks and campgrounds? Talk to a banker who works with the SBA. This $1,090,000 rv parks and campgrounds loan was issued by a Rhode Island bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Washington Tr Co - Westerly, out of Providence, Rhode Island. The loan was granted and they received $1,090,000 to help grow their E. Lyme, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: RV PARKS AND CAMPGROUNDS
E. LYME, CT 06333

SBA Loan Lender

WASHINGTON TR CO - WESTERLY
180 WASHINGTON ST
PROVIDENCE, RI 02903

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

8/22/2001

Loan Approval Gross Amount

$1,090,000

Loan Approval from the SBA

Of the total $1,090,000 loan amount, the SBA guaranteed $817,500.

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 3 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Startup Funding Tip

SBA 7A Banks in Providence, Rhode Island

Where to Get an SBA Loan Rhode Island