Top Industries Financed
- Continuing Care Retirement Communities
- Hotels (except Casino Hotels) and Motels
- Offices of Physicians (except Mental Health Specialists)
- Gasoline Stations with Convenience Stores
- Lessors of Miniwarehouses and Self-Storage Units
Quick Summary
Eastern Idaho Development Corp is an SBA-certified Certified Development Company (CDC) headquartered in Pocatello, Idaho. Since 2010, they have approved 128 SBA 504 loans totaling $69.1M, with an average loan size of $539K. They serve businesses across 5 states.
About Eastern Idaho Development Corp
Eastern Idaho Development Corp is an SBA-certified Certified Development Company (CDC) headquartered in Pocatello, Idaho. Since 2010, they have approved 128 SBA 504 loans totaling $69.1M, with an average loan size of $539K. They serve businesses across 5 states.
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Frequently Asked Questions
What does Eastern Idaho Development Corp do?
Eastern Idaho Development Corp is an SBA-certified Certified Development Company (CDC) based in Pocatello, Idaho. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Eastern Idaho Development Corp handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Eastern Idaho Development Corp approved?
According to SBA FOIA public records, Eastern Idaho Development Corp has approved 128 SBA 504 loans totaling $69.1M since 2010. Their average loan size is $539K.
What states does Eastern Idaho Development Corp serve?
Eastern Idaho Development Corp serves businesses in 5 states: Idaho, Montana, Oregon, Utah, Wyoming.
How do I apply for an SBA 504 loan through Eastern Idaho Development Corp?
To apply for an SBA 504 loan through Eastern Idaho Development Corp, 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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Contact Eastern Idaho Development Corp
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