Love Enterprise Holding, LLC
Love Enterprise Holding, LLC is a poured concrete foundation and structure contractor located in West Jordan, Utah. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,569,000, approved on July 22, 2024, through Mountain America FCU with Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Jul 22, 2024
$1,569,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,569,000
- Bank portion
- $1,811,843
- Estimated project size
- $3,756,492 (estimated)
- Estimated owner equity
- $375,649 (estimated, about 10% of the project)
- Bank lender
- Mountain America FCU, Sandy, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 22, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-4
- Collateral
- Yes
Estimated share of project by source
Bank 48% SBA (CDC) 42% Owner 10%
- Larger than 47% of expansion loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average expansion loan in Poured Concrete Foundation and Structure Contractors: $1,960,000.
- 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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