Goldenrod Ventures Inc.
Goldenrod Ventures Inc. of Camden, OH operates in the recreational and vacation camps (except campgrounds) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $3.34 million, approved on March 23, 2026 by RiverHills Bank.
SBA 7(a) loan, change of ownership, approved Mar 23, 2026
$3,340,000 approvedLender: RiverHills Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,340,000
- SBA-guaranteed amount
- $2,505,000 (75% of the approval)
- Lender
- RiverHills Bank, Milford, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- March 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $24,682 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721214, Recreational and Vacation Camps (except Campgrounds)
- Project location
- Preble County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Recreational and Vacation Camps (except Campgrounds): $2,171,667.
- Average acquisition loan in Ohio: $1,840,340.
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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