Where to Get Capital for RV Parks and Campgrounds

With these small 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 $150,000 was given to a Louisiana entrepreneur in 2002.

Getting a small business loan in Natchitoches, Louisiana was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Gibsland Bank & Trust Company, operating out of Arcadia, Louisiana. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: RV PARKS AND CAMPGROUNDS
NATCHITOCHES, LA 71457

SBA Loan Lender

GIBSLAND BANK & TRUST COMPANY
1820 SECOND ST
ARCADIA, LA 71001

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

11/25/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application 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

If you want money for new small business in Natchitoches LA, you ought to talk with a local Natchitoches SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Natchitoches businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Obtaining Funding From a Venture Capitalist

Small Bank Loans in Arcadia, Louisiana

SBA Lenders in Louisiana