Sage Grove Management LLC
Sage Grove Management LLC, located in Rigby, Idaho, operates in the nursing care facilities (skilled nursing facilities) industry, NAICS code 623110. The company financed real estate or equipment through an SBA 504 loan of $2,011,000, approved on February 5, 2025, through The Bank of Commerce with Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Feb 5, 2025
$2,011,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,011,000
- Bank portion
- $2,635,000
- Estimated project size
- $5,162,222 (estimated)
- Estimated owner equity
- $516,222 (estimated, about 10% of the project)
- Bank lender
- The Bank of Commerce, Idaho Falls, ID
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 5, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 623110, Nursing Care Facilities (Skilled Nursing Facilities)
- Project location
- Jefferson County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-2
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 47% of expansion loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
- Average expansion loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,434,200.
- 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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