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East-Central Idaho Development

Rexburg, ID 83440

SBA Certified Development Company
249
Loans Approved
$147.2M
Total Volume
$591K
Avg Loan Size
5
States Served

States Served

IdahoMontanaUtahWashingtonWyoming

Top Industries Financed

  • Offices of Dentists
  • Offices of Physicians (except Mental Health Specialists)
  • Offices of Optometrists
  • Car Washes
  • Lessors of Miniwarehouses and Self-Storage Units

Quick Summary

East-Central Idaho Development is an SBA-certified Certified Development Company (CDC) headquartered in Rexburg, Idaho. Since 2010, they have approved 249 SBA 504 loans totaling $147.2M, with an average loan size of $591K. They serve businesses across 5 states.

About East-Central Idaho Development

East-Central Idaho Development is an SBA-certified Certified Development Company (CDC) headquartered in Rexburg, Idaho. Since 2010, they have approved 249 SBA 504 loans totaling $147.2M, with an average loan size of $591K. They serve businesses across 5 states.

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Frequently Asked Questions

What does East-Central Idaho Development do?

East-Central Idaho Development is an SBA-certified Certified Development Company (CDC) based in Rexburg, Idaho. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. East-Central Idaho Development handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has East-Central Idaho Development approved?

According to SBA FOIA public records, East-Central Idaho Development has approved 249 SBA 504 loans totaling $147.2M since 2010. Their average loan size is $591K.

What states does East-Central Idaho Development serve?

East-Central Idaho Development serves businesses in 5 states: Idaho, Montana, Utah, Washington, Wyoming.

How do I apply for an SBA 504 loan through East-Central Idaho Development?

To apply for an SBA 504 loan through East-Central Idaho Development, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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