Morris Brothers, Inc.
Morris Brothers, Inc. is a business located in Sandy, Utah, in the General Automotive Repair industry (NAICS 811111). The company has an SBA 504 loan with an SBA portion of $1,544,000 approved through a loan from America First Federal Credit Union, with an approval date of August 18, 2026, and the loan is shown as not yet funded.
SBA 504 loan, approved Aug 18, 2026
$1,544,000 SBA portionCDC: Intermountain Business Lending, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,544,000
- Bank portion
- $1,869,750
- Estimated project size
- $3,793,056 (estimated)
- Estimated owner equity
- $379,306 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 18, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Salt Lake 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 67% of expansion loans in General Automotive Repair on this site.
- Average expansion loan in General Automotive Repair: $1,564,197.
- 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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