T and J Kellogg Properties 2, LLC
T and J Kellogg Properties 2, LLC is a full-service restaurant business located in Garden City, Idaho, classified under NAICS code 722511. The company financed real estate or equipment through an SBA 504 loan of $1,318,000, approved on August 13, 2024, through Idaho First Bank with Capital Matrix, Inc. as the certified development company.
SBA 504 loan, approved Aug 13, 2024
$1,318,000 SBA portionCDC: Capital Matrix, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,318,000
- Bank portion
- $1,608,576
- Estimated project size
- $3,251,751 (estimated)
- Estimated owner equity
- $325,175 (estimated, about 10% of the project)
- Bank lender
- Idaho First Bank, McCall, ID
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 13, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- 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 49% SBA (CDC) 41% Owner 10%
- Larger than 32% 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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