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Hardy Concrete LLC

West Jordan, UT · All Other Specialty Trade Contractors · NAICS 238990

Hardy Concrete LLC is a specialty trade contractor in West Jordan, UT, classified under NAICS 238990 (All Other Specialty Trade Contractors). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $710,000, approved on November 6, 2024, through Northwest Bank.

SBA 7(a) loan, change of ownership, approved Nov 6, 2024

$710,000 approvedLender: Northwest Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$710,000
SBA-guaranteed amount
$532,500 (75% of the approval)
Lender
Northwest Bank, Boise, ID
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
November 6, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,580 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Salt Lake County, UT
SBA district office
Utah District Office
Congressional district
UT-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 19% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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.

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Same industry in Utah