Road ID
Road ID is located in Lehi, UT, and the SBA lists its industry as Software Publishers. It was approved for an SBA 7(a) loan of $625,000 for a change of ownership on November 13, 2025.
SBA 7(a) loan, change of ownership, approved Nov 13, 2025
- Gross approval
- $625,000
- SBA-guaranteed amount
- $468,750 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,173 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 513210, Software Publishers
- Project location
- Utah 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 27% of acquisition loans in Software Publishers on this site.
- Average acquisition loan in Software Publishers: $1,807,727.
- 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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