The Central Utah Certified Development Co. has arranged a $1.5 million loan so Scott L. Norton, a principal in Norton Food Centers, can purchase the outstanding stock and real estate in the company from other shareholders.

Mike Vanchiere, CUCDC executive director, said his organization is the authorized lender of Small Business Administration 504 loans to aid small business. Since 1982, CUCDC has loaned more than $15 million to small business in Utah County.