M-Con Real Estate Holdings, LLC
M-Con Real Estate Holdings, LLC is located in American Fork, Utah, and operates in New Single-Family Housing Construction (except For-Sale Builders). The company financed real estate or equipment through an SBA 504 loan of $3,839,000 approved on May 17, 2024, with Zions Bancorporation, National Association as the bank partner and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved May 17, 2024
$3,839,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,839,000
- Bank portion
- $4,675,000
- Estimated project size
- $9,460,000 (estimated)
- Estimated owner equity
- $946,000 (estimated, about 10% of the project)
- Bank lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 17, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 236115, New Single-Family Housing Construction (except For-Sale Builders)
- 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 96% of expansion loans in New Single-Family Housing Construction (except For-Sale Builders) on this site.
- Average expansion loan in New Single-Family Housing Construction (except For-Sale Builders): $1,511,043.
- 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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