Small Business Loans for RV Parks and Campgrounds
Looking for small business loans for rv parks and campgrounds? Talk to a banker who works with the SBA. This $693,100 rv parks and campgrounds loan was issued by a Texas bank.
Getting a small business loan in Louisville, Kentucky was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL VEHICLE PARKS AND CAMPSITES
LOUISVILLE, KY 40272
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
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
3/14/2000
Loan Approval Gross Amount
$693,100
Loan Approval from the SBA
Of the total $693,100 loan amount, the SBA guaranteed $519,825.
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 indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $693,100 loan. Remember, fight for what you want, and it will be yours!
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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