Camp Landscape Management LLC
Camp Landscape Management LLC is located in Grand Rapids, MI, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $673,800 for a change of ownership on March 25, 2025.
SBA 7(a) loan, change of ownership, approved Mar 25, 2025
- Gross approval
- $673,800
- SBA-guaranteed amount
- $505,350 (75% of the approval)
- Lender
- Horizon Bank, Michigan City, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,264 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Kent County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Michigan: $1,645,728.
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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