Blue Building 5600, LLC
Blue Building 5600, LLC, located in West Valley City, Utah, operates in automotive body, paint, and interior repair and maintenance. The company financed real estate or equipment through an SBA 504 loan of $1,324,000 with Central Bank, approved on October 18, 2024. The loan was reported with 1 job.
SBA 504 loan, approved Oct 18, 2024
$1,324,000 SBA portionCDC: B:Side Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,324,000
- Bank portion
- $1,611,941
- Estimated project size
- $3,262,157 (estimated)
- Estimated owner equity
- $326,216 (estimated, about 10% of the project)
- Bank lender
- Central Bank, Provo, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 18, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- 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 32% of expansion loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average expansion loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,613,705.
- 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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- Anderson Automotive Specialist, LLC, West Haven