Fairway ACQ, LLC
Fairway ACQ, LLC is located in Morgan, UT, and the SBA lists its industry as Glass and Glazing Contractors. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on June 10, 2026.
SBA 7(a) loan, change of ownership, approved Jun 10, 2026
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Milestone Bank, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 10, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $62,663 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Morgan County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 95% of acquisition loans in Glass and Glazing Contractors on this site.
- Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
- 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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Same industry in Utah
- Dixon Glass, South Salt Lake
- 1875 W 1500 S LLC, Salt Lake City