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J&T Gassman LLC

Mapleton, UT · All Other Specialty Trade Contractors · NAICS 238990

J&T Gassman LLC is a specialty trade contractor in Mapleton, Utah, classified under the NAICS code for all other specialty trade contractors. The company was financed with an SBA 7(a) loan for a change of ownership of $540,000, approved by Accordia Bank with an approval date of June 25, 2026.

SBA 7(a) loan, change of ownership, approved Jun 25, 2026

$540,000 approvedLender: Accordia Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$540,000
SBA-guaranteed amount
$405,000 (75% of the approval)
Lender
Accordia Bank, Provo, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
June 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$6,840 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Utah County, UT
SBA district office
Utah District Office
Congressional district
UT-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 10% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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