Idaho Scientific LLC
Idaho Scientific LLC is an engineering services business in Boise, Idaho, classified under NAICS code 541330. The company financed real estate or equipment through an SBA 504 loan of $3,678,000, with a separate bank portion, approved on November 15, 2023 by First Interstate Bank with Capital Matrix, Inc. as the certified development company.
SBA 504 loan, approved Nov 15, 2023
$3,678,000 SBA portionCDC: Capital Matrix, Inc.25 years termPaid in fullLoan details
- SBA (CDC) portion
- $3,678,000
- Bank portion
- $4,500,000
- Estimated project size
- $9,086,667 (estimated)
- Estimated owner equity
- $908,667 (estimated, about 10% of the project)
- Bank lender
- First Interstate Bank, Billings, MT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 15, 2048 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Paid in full
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 541330, Engineering Services
- Project location
- Ada 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 85% of expansion loans in Engineering Services on this site.
- Average expansion loan in Engineering Services: $2,057,515.
- 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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