Main Street Registry

Alder Electric Holding Co.

Centerville, UT · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

Alder Electric Holding Co. of Centerville, UT, operates in the electrical contractors and other wiring installation contractors industry. The company financed real estate or equipment through an SBA 504 loan of $1.14 million, approved on June 20, 2025, through lender Glacier Bank and certified development company Intermountain Business Lending, Inc.

SBA 504 loan, approved Jun 20, 2025

$1,140,000 SBA portionCDC: Intermountain Business Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,140,000
Bank portion
$1,385,714
Estimated project size
$2,806,349 (estimated)
Estimated owner equity
$280,635 (estimated, about 10% of the project)
Bank lender
Glacier Bank, Kalispell, MT
CDC
Intermountain Business Lending, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 20, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
238210, Electrical Contractors and Other Wiring Installation Contractors
Project location
Davis County, UT
SBA district office
Utah District Office
Congressional district
UT-2
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 15% of expansion loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
  • Average expansion loan in Electrical Contractors and Other Wiring Installation Contractors: $2,211,634.
  • 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