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Parks! America Secures $1.30 Million Term Loan

PUBLIC · PRKASep 03, 20267 days ago

Amount Raised

$1.3 Million

Round Type

Debt Financing

United StatesLeisureHotel

Investors

Cendera Bank

Description

On September 3, 2026, Parks! America, Inc. announced the agreement of a term loan credit for $1.30 million with Cendera Bank. The funds will be utilized to repay existing debts under a previous loan agreement. This new loan will mature on September 1, 2033, with a structured repayment plan

Company Information

Company

Parks! America

Location

United States

About

Parks! America, Inc. operates in the amusement and entertainment industry, focusing primarily on the management and operation of amusement parks and recreational facilities. The company offers a range of attractions and services designed to cater to family entertainment, including rides, games, and seasonal attractions. It is headquartered in Pine Mountain, Georgia, serving both local and regional markets. Parks! America, Inc. is positioned as a small to mid-sized company in the entertainment sector and is publicly traded on the OTCQX under the symbol PRKA. The company continues to explore strategic opportunities and collaborations to enhance its offerings and expand its customer base.

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