Lava Lake Retreet LLC
Lava Lake Retreet LLC is a business in Bend, Oregon, in the RV parks and campgrounds industry. It was financed with an SBA 7(a) loan for a change of ownership of $635,600, approved on July 16, 2025, through Summit Bank.
SBA 7(a) loan, change of ownership, approved Jul 16, 2025
$635,600 approvedLender: Summit Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $635,600
- SBA-guaranteed amount
- $476,700 (75% of the approval)
- Lender
- Summit Bank, Eugene, OR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 16, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $5,664 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Deschutes County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 10% 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 Oregon: $1,946,167.
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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