Micki's Lanes Corporation
Micki's Lanes Corporation is located in Taylorsville, UT, and the SBA lists its industry as Bowling Centers. It was approved for an SBA 7(a) loan of $2,066,000 for a change of ownership on January 3, 2025.
SBA 7(a) loan, change of ownership, approved Jan 3, 2025
- Gross approval
- $2,066,000
- SBA-guaranteed amount
- $1,549,500 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 3, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $18,774 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 713950, Bowling Centers
- 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 56% of acquisition loans in Bowling Centers on this site.
- Average acquisition loan in Bowling Centers: $1,943,000.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Utah
- Dinoland Bowl, Inc., Vernal