Strom's Truck Repair LLC
Strom's Truck Repair LLC, located in West Valley City, Utah, operates in General Automotive Repair (NAICS 811111). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,503,000, approved on June 9, 2026, through Jordan Credit Union and certified development company B:Side Capital.
SBA 504 loan, approved Jun 9, 2026
$1,503,000 SBA portionCDC: B:Side Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,503,000
- Bank portion
- $1,457,899
- Estimated project size
- $3,289,888 (estimated)
- Estimated owner equity
- $328,989 (estimated, about 10% of the project)
- Bank lender
- Jordan Credit Union, Sandy, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- June 9, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 63% of expansion loans in General Automotive Repair on this site.
- Average expansion loan in General Automotive Repair: $1,564,197.
- 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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