Standard Landscaping LLC
Standard Landscaping LLC is located in Bluffdale, UT, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $768,800 for a change of ownership on October 21, 2024.
SBA 7(a) loan, change of ownership, approved Oct 21, 2024
- Gross approval
- $768,800
- SBA-guaranteed amount
- $576,600 (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
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,482 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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Same industry in Utah
- M D Property Services, Inc., Lindon
- Petkin LLC, Kaysville
- Brikerbish Venture One LLC, Fairfield
- C&P Landscaping, LLC, Springville
- Arbor Plus of Utah , Corp., Millcreek