Mel's Funway Park, LLC
Mel's Funway Park, LLC is an amusement and recreation business in Litchfield, New Hampshire, in the All Other Amusement and Recreation Industries category. The company financed real estate or equipment through an SBA 504 loan of $4,186,000, approved on May 5, 2025, through Capital Regional Development Council with Primary Bank as the lending partner.
SBA 504 loan, approved May 5, 2025
$4,186,000 SBA portionCDC: Capital Regional Development Council25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,186,000
- Bank portion
- $4,603,359
- Estimated project size
- $9,765,954 (estimated)
- Estimated owner equity
- $976,595 (estimated, about 10% of the project)
- Bank lender
- Primary Bank, Bedford, NH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- May 5, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 150
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Hillsborough County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-1
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Larger than 92% of expansion loans in All Other Amusement and Recreation Industries on this site.
- Average expansion loan in All Other Amusement and Recreation Industries: $2,189,271.
- Average expansion loan in New Hampshire: $1,898,259.
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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