Papilion Integrated Recovery Center Inc
Papilion Integrated Recovery Center Inc is a business in Salt Lake City, Utah, in the residential mental health and substance abuse facilities industry. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,044,500, approved on January 28, 2026 by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Jan 28, 2026
$2,044,500 approvedLender: Celtic Bank Corporation119 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,044,500
- SBA-guaranteed amount
- $1,533,375 (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
- 9%, variable
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- December 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $26,033 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 623220, Residential Mental Health and Substance Abuse Facilities
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Residential Mental Health and Substance Abuse Facilities on this site.
- Average acquisition loan in Residential Mental Health and Substance Abuse Facilities: $2,151,627.
- 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.
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