Life Giving Resources, Inc.
Life Giving Resources, Inc. is located in Orem, Utah, and operates in the all other professional, scientific, and technical services industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,357,000, approved on May 21, 2024, with Utah Community FCU as the lender and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved May 21, 2024
$1,357,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,357,000
- Bank portion
- $1,648,800
- Estimated project size
- $3,339,778 (estimated)
- Estimated owner equity
- $333,978 (estimated, about 10% of the project)
- Bank lender
- Utah Community FCU, Provo, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 21, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Utah County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 36% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
- Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Utah
- Rivora, LLC, Salt Lake City
- Dsi Digital Systems Installation, LLC, West Haven