Main Street Registry

Utah Valley Tennis Club

Lehi, UT · Fitness and Recreational Sports Centers · NAICS 713940

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Utah