Main Street Registry

Ironwood Construction, LLC

Logan, UT · Commercial and Institutional Building Construction · NAICS 236220

Ironwood Construction, LLC, located in Logan, Utah, operates in commercial and institutional building construction. The business was financed with an SBA 7(a) loan for a change of ownership of $4.2 million, approved on July 15, 2026, through Bank of Utah.

SBA 7(a) loan, change of ownership, approved Jul 15, 2026

$4,200,000 approvedLender: Bank of Utah10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,200,000
SBA-guaranteed amount
$3,150,000 (75% of the approval)
Lender
Bank of Utah, Ogden, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
July 15, 2036 (estimated, approval date plus term)
Estimated monthly payment
$52,637 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
236220, Commercial and Institutional Building Construction
Project location
Cache County, UT
SBA district office
Utah District Office
Congressional district
UT-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 72% of acquisition loans in Commercial and Institutional Building Construction on this site.
  • Average acquisition loan in Commercial and Institutional Building Construction: $2,773,374.
  • 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