Bank Loans for RV Parks and Campgrounds

Looking for bank loans for rv parks and campgrounds? Talk to a banker who works with the SBA. This $1,500,000 rv parks and campgrounds loan was issued by a Colorado bank.

Getting a small business loan in Moab, Utah was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank - Pagosa Springs, operating out of Pagosa Springs, Colorado. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: RV PARKS AND CAMPGROUNDS
MOAB, UT 84532

SBA Loan Lender

CITIZENS BANK - PAGOSA SPRINGS
703 SAN JUAN ST
PAGOSA SPRINGS, CO 81147

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721211 - RV Parks and Campgrounds

Loan Approval Date

10/22/2004

Loan Approval Gross Amount

$1,500,000

Loan Approval from the SBA

Of the total $1,500,000 loan amount, the SBA guaranteed $990,000.

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 application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Bank - Pagosa Springs that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

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SBA Approved Banks in Pagosa Springs, Colorado

SBA Colorado Banks