Summit Pizza Kamas, LLC
Summit Pizza Kamas, LLC, located in Lehi, Utah, operates in the full-service restaurants industry. The company financed real estate or equipment through an SBA 504 loan of $1,067,000, approved on September 6, 2024, with Cache Valley Bank as the lender and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Sep 6, 2024
$1,067,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,067,000
- Bank portion
- $1,295,373
- Estimated project size
- $2,624,859 (estimated)
- Estimated owner equity
- $262,486 (estimated, about 10% of the project)
- Bank lender
- Cache Valley Bank, Logan, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 6, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Summit County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 7% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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