Millcreek Rehabilitation and Nursing LLC
Millcreek Rehabilitation and Nursing LLC is a nursing care facility in American Fork, Utah, classified under NAICS 623110 (Nursing Care Facilities, Skilled Nursing Facilities). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2.83 million, approved on September 2, 2025, through Mountain America FCU with Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Sep 2, 2025
$2,830,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,830,000
- Bank portion
- $3,937,000
- Estimated project size
- $7,518,889 (estimated)
- Estimated owner equity
- $751,889 (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
- September 2, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 623110, Nursing Care Facilities (Skilled Nursing Facilities)
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 67% of expansion loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
- Average expansion loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,434,200.
- 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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