Note: The story below states that the U.S. Government is foreclosing on Perfect Swing Family Fun Center in Norman. The governments has begun foreclosure proceedings on the western portion of the closed amusement park, known as the Corporate Fun Center at 1800 Ann Branden Boulevard. The remainder of the property is not in foreclosure.
NORMAN — Closed after sustaining heavy damage from a tornado in 2010, Perfect Swing Family Fun Center is poised to be seized by the federal government and sold to pay off a delinquent disaster loan on the property.
Today, the windows are boarded at the amusement park and paint is peeling off of the white-and-blue clapboard buildings just off of State Highway 9 in Norman. Trees and high grass are beginning to grow up around the go-kart track and picnic areas. A concrete pool that once held bumper boats is empty, except for a puddle of stagnant, muddy water and trash.
Jordon Nichols, owner of the boat dealership Nichols Marine that sits next to Perfect Swing, said the property has become an eyesore. He has seen police cruisers at the property after a break-in at one of the Perfect Swing outbuildings.
“I would like to see it completely gone or back in business,” Nichols said. “It’s a very nice piece of real estate and it would be nice to just get something going on over there.”
The federal government began foreclosure proceedings on the park last week in U.S. District Court. According to court documents filed in the foreclosure, Perfect Swing’s owner, James Hardwick, has defaulted on a low-interest disaster loan from the Small Business Administration. The United States is seeking to seize the property and sell it to repay the outstanding balance on the loan.
Larry Weatherford, a spokesman for the Small Business Administration, said he was unfamiliar with foreclosure proceedings on Perfect Swing. Low-interest loans are frequently available to businesses through the administration after natural disasters, but the federal government can and will foreclose on borrowers that default on their loans, just like any other lender, Weatherford said.
“It’s a loan — not a grant — and there is the expectation that it will be repaid,” he said.
Perfect Swing and Hardwick obtained a disaster loan through the administration in 2011 for $728,100, and still owes $358,000 on the loan, according to court records.
Attempts to reach Hardwick were unsuccessful. Property records for Perfect Swing list an address in Fremont, Calif., for Hardwick.
Opened in 1989, Perfect Swing once featured a driving range, bumper boats, go-karts and other attractions.
A driving range at the park remained open for a short period of time after the May 2010 tornado, but there has been little activity on the property for the past three years, Nichols said.
Despite promises to rebuild from its owners, Perfect Swing never fully reopened.