Utah Valley Tennis Club
Utah Valley Tennis Club in Lehi, Utah operates in the Fitness and Recreational Sports Centers industry (NAICS 713940). The company financed real estate or equipment through an SBA 504 loan of $2.1 million, approved on February 11, 2025, through Central Bank with Eastern Idaho Development Corporation as the certified development company.
SBA 504 loan, approved Feb 11, 2025
$2,069,000 SBA portionCDC: Eastern Idaho Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,069,000
- Bank portion
- $3,806,992
- Estimated project size
- $6,528,880 (estimated)
- Estimated owner equity
- $652,888 (estimated, about 10% of the project)
- Bank lender
- Central Bank, Provo, UT
- CDC
- Eastern Idaho Development Corporation
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 11, 2050 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Utah County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-3
- Collateral
- Yes
Estimated share of project by source
Bank 58% SBA (CDC) 32% Owner 10%
- Larger than 56% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- 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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Same industry in Utah
- M&M Fitness Herriman LLC, Herriman
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- Apex Athletics LLC, Farmington