Poussard Family Ventures LLC
Poussard Family Ventures LLC, located in Peru, Maine, operates in the RV Parks and Campgrounds industry (NAICS 721211). The company was financed with an SBA 7(a) loan for a change of ownership of $982,000 from Maine Community Bank, with approval dated December 17, 2024.
SBA 7(a) loan, change of ownership, approved Dec 17, 2024
$982,000 approvedLender: Maine Community Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $982,000
- SBA-guaranteed amount
- $736,500 (75% of the approval)
- Lender
- Maine Community Bank, Portland, ME
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- December 17, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $7,098 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Oxford County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 38% 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 Maine: $1,448,582.
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 Maine
- The Acadia Wilderness Company, Inc., Tremont