Ivans Campground and Cabins
Ivans Campground and Cabins is located in Baldwin, Michigan, and operates in the All Other Traveler Accommodation industry (NAICS 721199). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $800,000, with Harvest Small Business Finance, LLC as the lender and an approval date of January 12, 2026.
SBA 7(a) loan, change of ownership, approved Jan 12, 2026
$800,000 approvedLender: Harvest Small Business Finance, LLC25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $800,000
- SBA-guaranteed amount
- $600,000 (75% of the approval)
- Lender
- Harvest Small Business Finance, LLC, Laguna Hills, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 12, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $6,990 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 721199, All Other Traveler Accommodation
- Project location
- Lake County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Traveler Accommodation: $1,818,857.
- Average acquisition loan in Michigan: $1,645,728.
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.