Active Medical, LLC
Active Medical, LLC is located in Draper, UT, and the SBA lists its industry as Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers. It was approved for an SBA 504 loan ($4,999,000 SBA portion) on October 15, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 15, 2024
- SBA (CDC) portion
- $4,999,000
- Bank portion
- $6,824,400
- Estimated project size
- $13,137,111 (estimated)
- Estimated owner equity
- $1,313,711 (estimated, about 10% of the project)
- Bank lender
- MidFirst Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 15, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 423450, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
- 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 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers: $2,317,800.
- 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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