Betos Smithfield
Betos Smithfield is located in Tremonton, UT, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($1,167,000 SBA portion) on February 12, 2025 to finance real estate or equipment.
SBA 504 loan, approved Feb 12, 2025
- SBA (CDC) portion
- $1,167,000
- Bank portion
- $1,418,250
- Estimated project size
- $2,872,500 (estimated)
- Estimated owner equity
- $287,250 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 12, 2050 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Cache 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 16% 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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