Vp Powersports LLC
VP Powersports LLC, located in Pleasant Grove, Utah, operates in the motorcycle, ATV, and other motor vehicle dealers industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $535,000, approved on December 11, 2025, through Northwest Bank.
SBA 7(a) loan, change of ownership, approved Dec 11, 2025
- Gross approval
- $535,000
- SBA-guaranteed amount
- $401,250 (75% of the approval)
- Lender
- Northwest Bank, Boise, ID
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- November 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,031 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 441227, Motorcycle, ATV, and All Other Motor Vehicle Dealers
- Project location
- Utah County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Motorcycle, ATV, and All Other Motor Vehicle Dealers: $2,557,093.
- 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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