Sbn Investments LLC
Sbn Investments LLC, located in Washington, UT, is in the engineered wood member manufacturing industry. It financed real estate or equipment through an SBA 504 loan of $1,062,000 approved on October 25, 2023, with State Bank of Southern Utah as the lending bank and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Oct 25, 2023
$1,062,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,062,000
- Bank portion
- $1,289,000
- Estimated project size
- $2,612,222 (estimated)
- Estimated owner equity
- $261,222 (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
- October 25, 2048 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 321215, Engineered Wood Member Manufacturing
- Project location
- Washington County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Engineered Wood Member Manufacturing: $1,062,000.
- 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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