Salsa Leedos Draper Corp
Salsa Leedos Draper Corp is located in Draper, UT, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($1,015,000 SBA portion) on July 2, 2025 to finance real estate or equipment.
SBA 504 loan, approved Jul 2, 2025
- SBA (CDC) portion
- $1,015,000
- Bank portion
- $1,232,250
- Estimated project size
- $2,496,944 (estimated)
- Estimated owner equity
- $249,694 (estimated, about 10% of the project)
- Bank lender
- Jordan Federal Credit Union, South Jordan, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 2, 2050 (estimated, approval date plus term)
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- LLC or partnership
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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