Apple Village AL LLC
Apple Village AL LLC, located in Layton, UT, operates in the assisted living facilities for the elderly industry (NAICS 623312). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2.193 million, approved on February 27, 2025, with Celtic Bank Corporation as the lending bank and Capital Matrix, Inc. as the certified development company.
SBA 504 loan, approved Feb 27, 2025
$2,193,000 SBA portionCDC: Capital Matrix, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,193,000
- Bank portion
- $3,065,448
- Estimated project size
- $5,842,720 (estimated)
- Estimated owner equity
- $584,272 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 27, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 62
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Davis County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 69% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- 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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- Gardens AL LLC, Ogden
- Apple Tree AL LLC, Kaysville