River Pointe RV Park & Campground, LLC
River Pointe RV Park & Campground, LLC is located in Morganton, North Carolina, in the RV (Recreational Vehicle) Parks and Campgrounds industry (NAICS 721211). The company was financed with an SBA 7(a) loan for a change of ownership of $1,325,000, approved on August 20, 2026, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Aug 20, 2026
$1,325,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,325,000
- SBA-guaranteed amount
- $993,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 20, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $10,227 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Burke County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 48% 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 North Carolina: $1,952,444.
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.
Is this your company? Claim or correct this listing. See Corrections.