Rm Chris Sheet Metal, Inc.
Rm Chris Sheet Metal, Inc. in West Jordan, UT, operates in plumbing, heating, and air-conditioning contracting (NAICS 238220). The company financed real estate or equipment through an SBA 504 loan of $1,661,000, approved on October 30, 2024, with a total project amount of $2,020,000, a 300-month term, and Mountain America FCU as the lender. The loan is reported with 20 jobs and a status of EXEMPT.
SBA 504 loan, approved Oct 30, 2024
- SBA (CDC) portion
- $1,661,000
- Bank portion
- $2,020,000
- Estimated project size
- $4,090,000 (estimated)
- Estimated owner equity
- $409,000 (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
- October 30, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 40% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- 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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