Philiz Adventures LLC
Philiz Adventures LLC, located in Jerome, Idaho, operates in the RV (Recreational Vehicle) Parks and Campgrounds industry. The business financed real estate or equipment through an SBA 504 loan of $1,060,000 from Independence Bank, with the CDC Region IV Development Corporation, with approval on October 28, 2024.
SBA 504 loan, approved Oct 28, 2024
$1,060,000 SBA portionCDC: Region IV Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,060,000
- Bank portion
- $1,725,000
- Estimated project size
- $3,094,444 (estimated)
- Estimated owner equity
- $309,444 (estimated, about 10% of the project)
- Bank lender
- Independence Bank, Havre, MT
- CDC
- Region IV Development Corporation
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 28, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Jerome County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-2
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Average expansion loan in RV (Recreational Vehicle) Parks and Campgrounds: $1,478,000.
- 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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