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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sturgeon Bay, Business Loans > Baylake Bank Sturgeon Bay Business Loans > Recreational Vehicle Parks And Campsites Loan | ||||
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Examples of Waupaca SBA Loans
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RV Parks and Campgrounds Business LoansWith these 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 $75,000 was given to a Wisconsin entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waupaca, Wisconsin was able to borrow $75,000 from Baylake Bank. The SBA made the loan possible by guaranteeing $60,000 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: RECREATIONAL VEHICLE PARKS AND CAMPSITES SBA Loan Lender BAYLAKE BANK This lender issued this particular loan 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. 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 $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $60,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Banks in Sturgeon Bay, Wisconsin
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