Garage Doors Only L.L.C.
Garage Doors Only L.L.C. is a business in Saint George, Utah, in the Other Building Equipment Contractors industry (NAICS 238290). The company financed real estate or equipment through an SBA 504 loan of $1,030,000, approved on May 6, 2024, with Community Banks of Colorado, A Division of NBH Bank as the participating bank and Intermountain Business Lending, Inc. as the certified development company.
SBA 504 loan, approved May 6, 2024
$1,030,000 SBA portionCDC: Intermountain Business Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,030,000
- Bank portion
- $862,315
- Estimated project size
- $2,102,572 (estimated)
- Estimated owner equity
- $210,257 (estimated, about 10% of the project)
- Bank lender
- Community Banks of Colorado, A Division of NBH Bank, Greenwood Village, CO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 6, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238290, Other Building Equipment Contractors
- Project location
- Washington County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 41% SBA (CDC) 49% Owner 10%
- Average expansion loan in Other Building Equipment Contractors: $1,566,214.
- 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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