K & R Commercial Properties, LLC
K & R Commercial Properties, LLC, located in Idaho Falls, Idaho, is classified under the industry General Automotive Repair (NAICS 811111). The company financed real estate or equipment through an SBA 504 loan of $1,406,000, with The Bank of Commerce as the lender and East-Central Idaho Development Company as the certified development company, with approval dated January 29, 2025.
SBA 504 loan, approved Jan 29, 2025
$1,406,000 SBA portionCDC: East-Central Idaho Development Company25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,406,000
- Bank portion
- $1,773,560
- Estimated project size
- $3,532,844 (estimated)
- Estimated owner equity
- $353,284 (estimated, about 10% of the project)
- Bank lender
- The Bank of Commerce, Idaho Falls, ID
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 29, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Bonneville County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-2
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 55% of expansion loans in General Automotive Repair on this site.
- Average expansion loan in General Automotive Repair: $1,564,197.
- Average expansion loan in Idaho: $1,940,500.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Idaho
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- Carey Auto Parts, LLC, Carey