BCX Holdings, LLC dba Rocky Mountain Plumbing & Remodel
BCX Holdings, LLC dba Rocky Mountain Plumbing & Remodel is a plumbing, heating, and air-conditioning contractor located in Lehi, UT, in the plumbing, heating, and air-conditioning contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,098,600, approved on October 21, 2024, by TowneBank.
SBA 7(a) loan, change of ownership, approved Oct 21, 2024
$1,098,600 approvedLender: TowneBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,098,600
- SBA-guaranteed amount
- $823,950 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $14,978 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 5, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- 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)
- Larger than 37% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
- 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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