Schenck Investments LLC
Schenck Investments LLC is a business in St George, Utah, in the automotive parts and accessories retailers industry. The company financed real estate or equipment through an SBA 504 loan of $1,023,000, approved on November 5, 2024, with Community Banks of Colorado, A Division of NBH Bank as the lender and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Nov 5, 2024
$1,023,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,023,000
- Bank portion
- $1,383,500
- Estimated project size
- $2,673,889 (estimated)
- Estimated owner equity
- $267,389 (estimated, about 10% of the project)
- Bank lender
- Community Banks of Colorado, A Division of NBH Bank, Greenwood Village, CO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 5, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Washington County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 8% of expansion loans in Automotive Parts and Accessories Retailers on this site.
- Average expansion loan in Automotive Parts and Accessories Retailers: $1,798,500.
- 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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- Wasatch Trailer Sales Southern Utah, Inc., Hurricane