7076 Highland Dr., LLC
7076 Highland Dr., LLC is located in Cottonwood Heights, UT, and the SBA lists its industry as Pharmacies and Drug Retailers. It was approved for an SBA 504 loan ($1,341,000 SBA portion) on November 13, 2024 to finance real estate or equipment.
SBA 504 loan, approved Nov 13, 2024
- SBA (CDC) portion
- $1,341,000
- Bank portion
- $1,629,500
- Estimated project size
- $3,300,556 (estimated)
- Estimated owner equity
- $330,056 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 13, 2049 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 456110, Pharmacies and Drug Retailers
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Pharmacies and Drug Retailers: $1,443,889.
- Average expansion loan in Utah: $2,117,884.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Utah
- OMP Pharmaceutical, LLC, Magna