RV Parks and Campgrounds Loans
Looking for loans for rv parks and campgrounds? The SBA may be the answer. This $525,000 rv parks and campgrounds loan was issued by a Wisconsin bank.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Green Lake State Bank, out of Green Lake, Wisconsin. The loan was granted and they received $525,000 to help grow their Lyndon Station, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL VEHICLE PARKS AND CAMPSITES
LYNDON STATION, WI 53944
SBA Loan Lender
GREEN LAKE STATE BANK
515 HILL ST
GREEN LAKE, WI 54941
This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, 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
7033 - Recreational Vehicle Parks and Campsites
NAICS Code
721211 - RV Parks and Campgrounds
Loan Approval Date
7/29/2005
Loan Approval Gross Amount
$525,000
Loan Approval from the SBA
Of the total $525,000 loan amount, the SBA guaranteed $393,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money 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.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Green Lake State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Strategic Investors
Find an SBA Lender in Green Lake, Wisconsin
Where to Get an SBA Loan Wisconsin