Prime American Steakhouse LLC
Prime American Steakhouse LLC, located in Star, Idaho, operates in the full-service restaurant industry (NAICS 722511). The company financed real estate or equipment through an SBA 504 loan of $2,719,000, with a total project amount of $3,800,000, approved on July 1, 2025 through lender Columbia Bank and certified development company Capital Matrix, Inc.
SBA 504 loan, approved Jul 1, 2025
$2,719,000 SBA portionCDC: Capital Matrix, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,719,000
- Bank portion
- $3,800,000
- Estimated project size
- $7,243,333 (estimated)
- Estimated owner equity
- $724,333 (estimated, about 10% of the project)
- Bank lender
- Columbia Bank, Lake Oswego, OR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 150
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 86% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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