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BL3 Holdings, LLC

Draper, UT · Engineering Services · NAICS 541330

BL3 Holdings, LLC, located in Draper, Utah, operates in the engineering services industry (NAICS 541330). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,977,000, approved on August 13, 2024, with Zions Bancorporation, National Association as the bank and Mountain West Small Business Finance as the certified development company.

SBA 504 loan, approved Aug 13, 2024

$2,977,000 SBA portionCDC: Mountain West Small Business Finance20 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,977,000
Bank portion
$3,624,458
Estimated project size
$7,334,953 (estimated)
Estimated owner equity
$733,495 (estimated, about 10% of the project)
Bank lender
Zions Bancorporation, National Association, Salt Lake City, UT
CDC
Mountain West Small Business Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
20 years (240 months)
Estimated maturity
August 13, 2044 (estimated, approval date plus term)
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
541330, Engineering Services
Project location
Salt Lake County, UT
SBA district office
Utah District Office
Congressional district
UT-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 82% of expansion loans in Engineering Services on this site.
  • Average expansion loan in Engineering Services: $2,057,515.
  • 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