SBA lending record

IDrive Utah LLC,

1850 North State Street, Orem, UT 84057 · Used Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.4M

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$3,400,000 — FY2021

Gross approval: $3,400,000
SBA guaranteed: $2,550,000 (75%)
Status: Paid in full
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/18/2020
First disbursement: 12/4/2020
Days to fund: 16 days
Paid in full: 7/31/2024
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 22
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Used Car Dealers
NAICS code: 441120
Lender: Celtic Bank Corporation
Address: 1850 North State Street
City: Orem, 84057
County: Utah
SBA district office: UTAH DISTRICT OFFICE
Congressional district: 3

The lender

Celtic Bank Corporation

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding used car dealers — by location, industry.

SBA lenders in Utah Lenders for used car dealers Used Car Dealers lenders in Utah

Similar businesses

Comparable used car dealers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Avanesyan Motors, LLC

Orem, UT· ~0 mi

Used Car Dealers

$1.3M
SBA financing: ≈ $2.5M–$4.2M
Est. revenue (rough)

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CarGuyz, LLC

American Fork, UT· ~5 mi

Used Car Dealers

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

View record

Fiomardi Car Dealership, LLC

Orem, UT· ~2 mi

Used Car Dealers

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

View record

West Auto Sales, Inc.

West Valley City, UT· ~28 mi

Used Car Dealers

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

View record

Sencion Performance LLC

Pleasant Grove, UT· ~3 mi

Used Car Dealers

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

View record

Dennis Truck Rental and Sales 2 L.L.C.

Draper, UT· ~16 mi

Used Car Dealers

$1.2M
SBA financing: ≈ $2.4M–$4.0M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for IDrive Utah LLC, in Orem, UT (Used Car Dealers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $3.4M
On record FY2021
22 jobs supported
Industry: Used Car Dealers
Location: Orem, UT
Lender: Celtic Bank Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Car Dealers businesses in UT for ~$3.4M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/idrive-utah-llc-ut
API:: https://www.capbench.com/api/public/businesses/idrive-utah-llc-ut
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with IDrive Utah LLC,.