CALIFORNIA · NAICS 721211
California RV parks and campgrounds run from desert and coastal destinations to Central Valley corridors serving year-round travel. Lender packages turn on documented occupancy, nightly and seasonal rate structures, amenity revenue, and the absorption profile for new pads, all tied back to a specific trade area and competitive supply set.
FEASIBILITY TRIGGER
RV parks are a special-purpose class under SOP 50 10 8, so a third-party feasibility study is normally required, with the 15 to 20 percent equity ladder applying when the project is special-purpose, a startup, or both.
Between FY2010 and FY2026, SBA lenders approved and disbursed 59 7(a) and 504 loans for RV park projects in California, totaling $74.9 million in approved financing at an average of $1.3 million per loan. California ranks #4 of 38 states tracked for RV park SBA lending volume and accounts for 6.8% of national RV park SBA dollar volume. 69.5% of these loans were made under the 7(a) program, the remainder under 504. 5 loans have been approved since FY2024.
| Disbursed loans (FY2010–FY2026) | 59 |
| Approved volume | $74.9 million |
| Average loan size | $1.3 million |
| 7(a) share | 69.5% |
| Approvals since FY2024 | 5 |
| State rank by loan count | #4 of 38 |
Among the 49 seasoned loans in this segment (approvals FY2010–FY2021), 0.0% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for RV park is 3.2%, against 7.3% across all industries. That performance runs below the national benchmark for this asset class, a credit-positive signal for lenders.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 0.0% adverse-resolution rate below the national RV park benchmark of 3.2% supports the credit story for well-underwritten California projects in this class. Across 59 SBA loans averaging $1.3 million, that track record does not eliminate the need for a third-party feasibility study, but it means a rigorous study reinforces rather than defends the projections.
Every California rv parks and campgrounds project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
California projects most often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate, which is decisive where California land and improvement costs run high. SBA 7(a) covers acquisitions, working capital, and equipment, and from July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
TMC Financing has financed California RV park real estate, and the asset class continues to draw 504 capital where land, pad capacity, and amenity buildout fit the program's owner-occupied test.
For a national view of this asset class, see our RV park SBA feasibility overview, and read our related analysis in the RV park lending research on our blog. Lenders and CDCs can order an SBA RV park feasibility study tested against the transient-revenue rule.
Public SBA and CDC program records, cited as program evidence
$8.5M total project cost through TMC Financing and PB Capital, 15 percent down
206-unit park on 40 acres with added solar
Bakersfield, Kern County
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a MeetingOur SBA feasibility study consultants prepare RV park, campground and outdoor hospitality studies for lenders, CDCs and sponsors. See pricing, methodology or request a fixed fee quote.
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