Raising Money for Recreational and Vacation Camps

Looking for business loans for recreational and vacation camps? The SBA may be the answer. This $588,000 recreational and vacation camps loan was issued by a Missouri bank.

Getting a small business loan in Hartshorn, Missouri was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Community Bank, operating out of Summersville, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTING AND RECREATIONAL CAMPS
HARTSHORN, MO 65479

SBA Loan Lender

COMMUNITY BANK
120 N MAIN
SUMMERSVILLE, MO 65571

This lender issued this bank 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

7032 - Sporting and Recreational Camps

NAICS Code

721214 - Recreational and Vacation Camps

Loan Approval Date

6/7/2000

Loan Approval Gross Amount

$588,000

Loan Approval from the SBA

Of the total $588,000 loan amount, the SBA guaranteed $441,000.

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 SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Hartshorn or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

Who Lends Money to Small Businesses in Summersville, Missouri

Getting an SBA Loan in Missouri