Main Street Registry

Canyon Land Management, LLC

South Jordan, UT · Limited-Service Restaurants · NAICS 722513

Canyon Land Management, LLC, located in South Jordan, UT, operates in the limited-service restaurants industry (NAICS 722513). The company was financed with an SBA 7(a) loan for a change of ownership of $1.35 million from Bank of Utah, approved on November 18, 2025. The loan is associated with the Culver's franchise brand and reports 70 jobs.

SBA 7(a) loan, change of ownership, approved Nov 18, 2025

$1,350,000 approvedLender: Bank of Utah25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,350,000
SBA-guaranteed amount
$1,012,500 (75% of the approval)
Lender
Bank of Utah, Ogden, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, variable
Term
25 years (300 months)
Estimated maturity
November 18, 2050 (estimated, approval date plus term)
Estimated monthly payment
$9,976 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 2, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
70
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Culver's
Project location
Salt Lake County, UT
SBA district office
Utah District Office
Congressional district
UT-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Utah: $1,761,092.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Utah