VIRGINIA · NAICS 721211
Virginia RV parks and campgrounds run on the Blue Ridge and Chesapeake shore corridors, where Shenandoah National Park and the bay beaches anchor one of the mid-Atlantic's deepest seasonal camping economies. Lender packages require feasibility studies that model occupancy by site type, seasonal pricing, and amenity revenue against a defined trade area.
FEASIBILITY TRIGGER
RV parks are on the SOP 50 10 8 special-purpose list, so a third-party feasibility study is normally required and equity is elevated.
Virginia generated 6 SBA-disbursed RV park loans between FY2010 and FY2026, worth $5.3 million in approved 7(a) and 504 financing at an average of $888,000 per deal. Ranked #29 of 38 states for RV park SBA volume, the state captures 0.5% of national RV park dollars. 100.0% of the loans ran through 7(a) with 504 covering the remainder; 1 approvals have posted since FY2024.
| Disbursed loans (FY2010–FY2026) | 6 |
| Approved volume | $5.3 million |
| Average loan size | $888,000 |
| 7(a) share | 100.0% |
| Approvals since FY2024 | 1 |
| State rank by loan count | #29 of 38 |
The state-level seasoned cohort in this segment is below our publication threshold of 30 loans, so no state rate is shown. Nationally, seasoned RV park loans (approvals FY2010–FY2021) show an adverse-resolution rate of 3.2%, against 7.3% across all industries.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
An adverse-resolution rate of 3.2%, close to the national RV park benchmark of 3.2%, puts Virginia deals in this class on ordinary SBA credit footing. Across 6 loans averaging $888,000, the underwriting question is deal-specific: a rigorous third-party feasibility study is where documented demand and stressed coverage decide the credit outcome.
Every Virginia 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.
Virginia projects 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, decisive in Northern Virginia and Hampton Roads land markets. 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.
The Blue Ridge and Chesapeake shore corridors carry one of the mid-Atlantic's deepest seasonal camping economies between Shenandoah National Park and the bay beaches.
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.
Compare neighboring markets: Texas, Washington.
Public SBA and CDC program records, cited as program evidence
$8.5M total project cost through TMC Financing and PB Capital with 15 percent down
206-unit park on 40 acres, national program evidence
Bakersfield, Kern County, California
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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