By Machelle James
As Christmas music plays in the background, hot tea in hand, I truly have no idea what to write about as AJ and I sit here, waiting … and I mean, WAITING … for our GC (General Contractor) to get the final checklist to our bank. When you apply for an SBA Loan, the checklist alone will make you want to give up.
What the General Contractor has to supply to bank for SBA loan
I am sharing with you what the bank will want from your GC before you can get funding. Mind you, this is AFTER we already submitted 107 pages of our business plan, site plan, permits, proof of income, our living trust, taxes for the past three years, invoices, canceled checks, gift monies, and bank statements.
Our GC needs to submit:
- Fixed sum contract for all construction work to be completed
- Detailed Schedule of values that corresponds to the construction contract. Profit and overhead must be listed as a separate line item
- Copy of general contractor’s license valid for the state in which the project is located
- Evidence of general contractor’s general liability and worker’s compensation insurance listing (our bank) as certificate holder
- List of subcontractors to be used on the project, including name and trade
- 305 Contractor Statement of Qualifications or attached template
- Most current two years’ tax returns and a current P&L statement and Balance Sheet (for general contractor review due to size of project)
- Evidence of builder’s risk insurance in the amount of the construction contract plus FF&E (furniture, fixtures & equipment), listing (our bank) as additional insured and Lender’s Loss Payee
- Copy of all applicable city and county permits, or sufficient evidence that all plans are fully approved by municipal bodies and permits are prepared for issuance
- Estimates for all soft costs, such as architect/engineer fees, permit fees, impact fees and utility tap fees
So this is what you need to be prepared for if you decide to utilize an SBA Loan. What we have learned is we need to have PATIENCE. We never expected a Pandemic to occur, which in turn slowed down this entire process by about a year. It’s a trickle-down effect and we have absolutely no control over anyone but ourselves. This is the last piece of information we need before the loan can fund and we can truly start the building process.
It’s been a crazy two weeks
I will say we still have a life to manage and it has been a crazy two weeks. AJ, Jenna and I all had dental, doctor and physical appointments. Jenna has been awfully tired lately and just not herself. We have not received her blood test results yet, but we know something is going on. She also has been having therapy appointments for a year to help her with a HUGE issue she has experienced her whole life. She is DEATHLY afraid of dogs. It is so bad even mentioning the word “dog” will send her backing up, looking for a place to hide.
She has never had a bad or frightening experience with dogs as we used to have two Chihuahuas when she was little. We quickly learned she cannot tolerate barking and after a year of having them, we had to give the pups to my mom. If I had to try and describe it, it’s almost as if dogs cause her pain. She has low tolerance for loud, sudden noises and I think the unpredictability of dogs barking makes her extremely anxious. Fire alarms, sirens and fireworks are a definite NO NO for her.
We are working hard to try and have Jenna accept that dogs will be here in our campground. Also, that our campers view their dogs like their children and they LOVE their little fur babies. She isn’t having any of it yet. We may need to have her wear her headphones again to drown out the sounds. I am fully open to learning from others on techniques to work on for special needs children! Please offer advice and tips as I am feeling we are running out of time for her to accept what’s coming her way.
Elk in yard “dueling” over pumpkin
After Thanksgiving, we had left-over pumpkins. We were told to smash them and leave them out for the elk to eat. Well, it worked – and we had elk fighting over the pumpkins for days! We have tons of videos on our Facebook page if you want to see them in action!
As we wind down this year, we are very much looking forward to Christmas. We have our Christmas lights up and our tree decorated. Jenna fully believes in Santa and she writes the cutest Santa wish list every year.
We also have to move her Elf on the Shelf, aptly named Elvis, every night. She looks for him every morning and talks to him like you would talk to a friend. This weekend we will make cookies and tacos for Santa. Jenna knows Santa likes tacos and margaritas!
Looking forward to next Christmas
I truly wish we were open this year as we could have had our first-ever Santa event here at our Campground. This is a vision of ours that we have had since we knew we were moving to the mountains. So we will wait and we will bring this event to our Campground next year after we open.
Think of a quiet, decorated space, with low lights where parents can make appointments with Santa. These kids can have a safe, one-on-one experience to see and talk to Santa and his Elves. I tear up just thinking about it because it’s usually special needs adults who get forgotten about, come Christmastime. They are still children in their minds and they believe in Santa too. I hope I am able to write about this next year for you all to be a part of this heartwarming joy these kids will get to experience!
As we say Goodbye, Sayonara and Adios to 2020 and welcome 2021, we want to wish you all a Merry Christmas and a healthy, happy and prosperous New Year!
Thank you for following our Campground journey and See You in the Trees!
And please leave a comment.
AJ, Machelle and Jenna
Read previous articles here.
Machelle James and her husband, AJ, are building, from the ground up, a 15-acre RV park in Heber-Overgaard, Arizona, in the beautiful White Mountains 140 miles from Phoenix. Follow them on Facebook @ AJ’s Getaway RV Park or on Instagram at ajsgetawayrvpark.