Ironport Capital Group, a small-business funding service in Logan, Utah, helps Hyrum, UT owners find equipment financing, working capital and term loans. ZIP 84319 had 177 employer establishments and 2,901 employees in 2023, with construction leading by count and manufacturing among the larger employers. Hyrum covers only 5.7% of that ZIP's land.
| Distance | About 7 miles south of Logan, UT (straight line) |
|---|---|
| County | Cache County, UT |
| Employer sites with a ZIP 84319 address | 177 in 2023 (ZBP); the ZIP reaches well past the city |
| Self-employed residents | 9.0% (+/- 3.6), ACS 2020-2024 |
ZIP 84319 around Hyrum, UT
Hyrum holds 93.6% of its land inside ZCTA 84319, but covers only 5.7% of the ZIP's land (2020 Census relationship file), so ZIP figures describe a much wider area. In 2023 ZIP 84319 counted 177 employer establishments, 2,901 employees and roughly $145 million of yearly payroll. That works out to roughly 16 employees per establishment, compared with about 6.5 in ZIP 84332 (Providence) and 17 in ZIP 84321 (Logan), all ZBP 2023.
| Sector | Establishments | Share with fewer than five on payroll |
|---|---|---|
| Construction | 42 | 81.0% |
| Health care and social assistance | 19 | 68.4% |
| Professional, scientific and technical services | 18 | 66.7% |
| Manufacturing | 14 | 35.7% |
| Retail trade | 13 | 61.5% |
| Accommodation and food services | 12 | 58.3% |
| Transportation and warehousing | 11 | 72.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023. Employee and payroll figures are medium-confidence because of Census noise.
Small crews and larger plants around Hyrum, UT
Construction leads the count with 42 establishments, more than twice the next sector, and 81.0% of them had fewer than five employees. Manufacturing is the opposite: 14 establishments, only 35.7% of them small. A small subcontractor serving larger operations often waits on net-30 or net-45 invoices, which is a working capital or credit line question. Equipment purchases go to equipment financing; a shop expansion usually goes to a term loan.
A labeled example: net-45 invoices and weekly wages
Illustration only, with invented figures. A five-person fabrication subcontractor near Hyrum invoices $36,000 for a month of work on net-45 terms, while weekly wages run $5,500. Between finishing the work and getting paid, about six paydays pass: roughly $33,000 of wages paid before the first dollar of that invoice arrives.
Adding up the paydays between work and payment, then subtracting what other clients will pay in that window, gives the real gap. That figure, not a round number, is what to bring to a working capital or credit line conversation. Partners will want the invoice, the customer's payment history and recent bank statements.
Working for themselves: Hyrum, UT's self-employed
The ACS estimates 9.0% (+/- 3.6) of Hyrum's employed residents were self-employed in 2020-2024, in line with the county's 9.1% (+/- 0.8). Two-thirds of that, an estimated 6.0%, ran unincorporated businesses. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, table B24080.
Size classes behind the ZIP 84319 total
The 2023 size classes explain how 177 establishments can carry 2,901 employees. 128 establishments had fewer than five employees, 20 had five to nine, 16 had 10 to 19, six had 20 to 49 and five had 50 to 99 (ZBP 2023); the larger classes are withheld because each holds fewer than three.
Payroll for the ZIP was $145,213,000, about $50,100 per employee by our arithmetic. A small shop selling to the ZIP's larger employers should plan for their payment terms, which a working capital request can be sized around.
From Hyrum, UT to a partner's answer
Call (435) 264-5410, or fill in the Ironport request online. Cache County numbers sit on the Logan, UT page; other valley towns are listed on the Cache Valley areas page.
Hyrum, UT businesses we help
Owners in Hyrum, UT come from many trades and services, such as contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock. Partners review each request on its own merits.
What to gather before you call
- The last three to six months of business bank statements
- Your most recent business tax return
- Photo ID for every owner of the business
- Your articles of organization or incorporation and the EIN letter
- Details of any loans, leases or advances the business already carries
- For equipment, the seller's quote with make, model and price
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
How a request moves forward
- It starts with a call to (435) 264-5410 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- We explain which funding types fit that use and what partners usually need to see. Nothing is submitted without your go-ahead.
- With your permission, we take the request to lending partners that offer that kind of funding. Each partner reviews it and makes its own credit decision.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
Owners in Hyrum, UT can start by phone or with the short online form; no office visit is needed.