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Oak Hammock Hospitality Inc.

Lake Wales, FL · RV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211

Oak Hammock Hospitality Inc. is an RV park and campground business located in Lake Wales, Florida, classified under NAICS code 721211. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,135,000, approved by Citizens Bank on March 13, 2026.

SBA 7(a) loan, change of ownership, approved Mar 13, 2026

$2,135,000 approvedLender: Citizens Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,135,000
SBA-guaranteed amount
$1,601,250 (75% of the approval)
Lender
Citizens Bank, Elizabethton, TN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
March 13, 2051 (estimated, approval date plus term)
Estimated monthly payment
$18,653 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 26, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
721211, RV (Recreational Vehicle) Parks and Campgrounds
Project location
Polk County, FL
SBA district office
South Florida District Office
Congressional district
FL-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 66% 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 Florida: $1,808,559.

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 Florida