Big Iron Drilling, LLC
Big Iron Drilling, LLC is located in Salt Lake City, UT, and the SBA lists its industry as Site Preparation Contractors. It was approved for an SBA 504 loan ($1,412,000 SBA portion) on May 1, 2026 to finance real estate or equipment.
SBA 504 loan, approved May 1, 2026
- SBA (CDC) portion
- $1,412,000
- Bank portion
- $1,650,690
- Estimated project size
- $3,402,989 (estimated)
- Estimated owner equity
- $340,299 (estimated, about 10% of the project)
- Bank lender
- First Utah Bank, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 1, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 33% of expansion loans in Site Preparation Contractors on this site.
- Average expansion loan in Site Preparation Contractors: $1,883,067.
- 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
- PAAK Temporary Services, LLC, Murray
- Saddler Brothers Holdings LLC, Kaysville
- 9501 W Holdings LLC, Ogden
- Landmark Excavating, Inc., St. George
- Innovative Concrete, L.L.C., St George
- PJJD Enterprises, LLC, Murray