Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Wells Fargo Bank Small Business Loan

 

 
Loan Census SBA Loan Info

RV Parks and Campgrounds Business Loans

Looking for business loans for rv parks and campgrounds? Talk to a banker who works with the SBA. This $72,200 rv parks and campgrounds loan was issued by an Alaska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ninilchik, Alaska was able to borrow $72,200 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $61,370 of this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: RV PARKS AND CAMPGROUNDS
NINILCHIK, AK 99639

SBA Loan Lender

WELLS FARGO BANK
44552 STERLING HWY
SOLDOTNA, AK 99669

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

12/31/2001

Loan Approval Gross Amount

$72,200

Loan Approval from the SBA

Of the total $72,200 loan amount, the SBA guaranteed $61,370.

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 only one employee. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels 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 Ninilchik 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 Art of Bootstrapping

Small Business Banks in Soldotna, Alaska

Find an SBA Lender in Alaska