Moto United
Moto United is a business in St. George, Utah, in the Sporting and Recreational Goods and Supplies Merchant Wholesalers industry (NAICS 423910). The company financed real estate or equipment through an SBA 504 loan of $5.5 million, approved on April 7, 2025, with State Bank of Southern Utah as the lending bank and Intermountain Business Lending, Inc. as the certified development company.
SBA 504 loan, approved Apr 7, 2025
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $10,573,000
- Estimated project size
- $17,858,889 (estimated)
- Estimated owner equity
- $1,785,889 (estimated, about 10% of the project)
- Bank lender
- State Bank of Southern Utah, Cedar City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 7, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 423910, Sporting and Recreational Goods and Supplies Merchant Wholesalers
- Franchise
- BRP US Inc. - Dealer Agreement & General Provisions
- Project location
- Washington County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Average expansion loan in Sporting and Recreational Goods and Supplies Merchant Wholesalers: $2,413,875.
- 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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Same industry in Utah
- R&r Capital Enterprises, LLC, Saratoga Springs
- 1441 Holdings, Inc., South Salt Lake