Camp Cottonwood LLC
Camp Cottonwood LLC is an RV park and campground located in Cottonwood, Arizona, in the RV (Recreational Vehicle) Parks and Campgrounds industry. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,360,000, approved by First Utah Bank on January 28, 2025.
SBA 7(a) loan, change of ownership, approved Jan 28, 2025
$2,360,000 approvedLender: First Utah Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,360,000
- SBA-guaranteed amount
- $1,770,000 (75% of the approval)
- Lender
- First Utah Bank, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 28, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $19,403 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Yavapai County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in RV (Recreational Vehicle) Parks and Campgrounds on this site.
- Average acquisition loan in RV (Recreational Vehicle) Parks and Campgrounds: $1,687,172.
- Average acquisition loan in Arizona: $1,690,811.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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