Challenger Pallet & Supply, Inc.
Challenger Pallet & Supply, Inc. is a wood container and pallet manufacturer in Idaho Falls, Idaho (NAICS 321920). It was approved for an SBA 504 loan of $5.5 million through Zions Bancorporation, National Association, with Intermountain Business Lending, Inc. as the certified development company, with approval dated March 9, 2026.
SBA 504 loan, approved Mar 9, 2026
$5,500,000 SBA portionCDC: Intermountain Business Lending, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $6,761,752
- Estimated project size
- $13,624,169 (estimated)
- Estimated owner equity
- $1,362,417 (estimated, about 10% of the project)
- Bank lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 9, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 321920, Wood Container and Pallet Manufacturing
- 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%
- Average expansion loan in Wood Container and Pallet Manufacturing: $2,589,222.
- 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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