SBA 7(a)Current

JP Lawrence Biomedical Inc.

Logan, UTFirst Merchants BankResearch and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) · NAICS 541715

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APPROVAL AMOUNT

$2,913,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2022-04-20

6.25% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Logan, UT 84321

INDUSTRY

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) · NAICS 541715

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

6.25%

LOAN STATUS

Current

Logan, UT 84321

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