L5 Holdings, LLC
L5 Holdings, LLC is a framing contractor based in Corinne, UT, classified under NAICS code 238130 (Framing Contractors). The company financed real estate or equipment through an SBA 504 loan of $2,506,000, approved on September 21, 2024, with Mountain America FCU as the bank and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Sep 21, 2024
$2,506,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,506,000
- Bank portion
- $3,050,000
- Estimated project size
- $6,173,333 (estimated)
- Estimated owner equity
- $617,333 (estimated, about 10% of the project)
- Bank lender
- Mountain America FCU, Sandy, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 21, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 238130, Framing Contractors
- Project location
- Box Elder County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Framing Contractors: $2,506,000.
- 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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