Hazelwood Retreat LLC
Hazelwood Retreat LLC is an RV park and campground business located in Brainerd, Minnesota, operating in the RV Parks and Campgrounds industry (NAICS 721211). The company financed real estate or equipment through an SBA 504 loan of $1,114,000, approved on August 28, 2025, with Northwoods Bank of Minnesota as the lender and Midwest Business Finance Corporation as the certified development company.
SBA 504 loan, approved Aug 28, 2025
$1,114,000 SBA portionCDC: Midwest Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,114,000
- Bank portion
- $1,550,000
- Estimated project size
- $2,960,000 (estimated)
- Estimated owner equity
- $296,000 (estimated, about 10% of the project)
- Bank lender
- Northwoods Bank of Minnesota, Park Rapids, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 28, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Crow Wing County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-8
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in RV (Recreational Vehicle) Parks and Campgrounds: $1,478,000.
- Average expansion loan in Minnesota: $2,136,981.
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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Same industry in Minnesota
- Breeze RV Resort and Big Pines RV Park, Park Rapids