High Desert Campground LLC
High Desert Campground LLC is an RV park and campground located in Rodeo, New Mexico, in the RV (Recreational Vehicle) Parks and Campgrounds industry. The business was financed with an SBA 7(a) loan for a change of ownership of $975,000, approved on February 23, 2026 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 23, 2026
$975,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $975,000
- SBA-guaranteed amount
- $731,250 (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
- 7.85%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $7,429 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Hidalgo County, NM
- SBA district office
- New Mexico District Office
- Congressional district
- NM-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 34% 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 New Mexico: $1,985,089.
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 New Mexico
- Serene Wilderness Campgrounds Inc., Tucumcari