Lenders › East-Central Idaho Development Company
504 CDCRexburg, Idahocertified development company95th of 182 by approvals
East-Central Idaho Development Company
SBA 504 loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
In FY2021 to FY2025 SBA approved 66 504 loans, worth $58.7M, through East-Central Idaho Development Company of Rexburg, Idaho, a certified development company (CDC) that makes SBA 504 loans. By number of approvals that is 95th among 182 active CDCs.
In FY2025, the latest complete fiscal year, it had 7 approvals totalling $6.5M. FY2026 to 30 Jun 2026 adds 4 more.
The median approval was $543K, against $657K for the 504 program as a whole; 4.5% of its approvals were for $150,000 or less (program: 4.6%).
Its loans went to businesses in 4 states and territories and 17 counties, led by Idaho (93.9%), Montana (3.0%) and Utah (1.5%). The largest industry group was retail trade at 21.2% of approvals, and 15.2% of approvals were to franchise businesses.
Of 197 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 91 as paid in full and 106 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 4 | $6.5M | $1.7M | $1.6M | 36 |
| FY2025 | 7 | $6.5M | $714K | $926K | 37 |
| FY2024 | 6 | $10.0M | $1.1M | $1.7M | 31 |
| FY2023 | 4 | $3.6M | $848K | $890K | 38 |
| FY2022 | 16 | $15.5M | $550K | $968K | 99 |
| FY2021 | 33 | $23.3M | $453K | $705K | 243 |
| FY2020 | 36 | $13.7M | $258K | $381K | 270 |
| FY2019 | 20 | $8.2M | $299K | $409K | 78 |
| FY2018 | 15 | $5.1M | $276K | $337K | 66 |
| FY2017 | 18 | $15.0M | $517K | $833K | 170 |
| FY2016 | 15 | $9.5M | $490K | $634K | 116 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 104 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Idaho | 504 program |
|---|---|---|---|
| Approvals in these years | 215 | 1,171 | 85,591 |
| Cancelled or never disbursed | 18 | 117 | 12,514 |
| Disbursed loans | 197 | 1,054 | 73,077 |
| Paid in full | 91 | 512 | 35,491 |
| Charged off | 0 | 5 | 905 |
| Still outstanding (status exempt from disclosure) | 106 | 537 | 36,681 |
| Charged off, share of disbursed loans | 0.0% | 0.5% | 1.2% |
| Dollars charged off, share of disbursed dollars | 0.0% | 0.6% | 0.9% |
| Dollars charged off | $0 | $3.2M | $499M |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 504 program, same year |
|---|---|---|---|---|---|
| FY2021 | 25 | 4 | 0 | — | 0.1% |
| FY2020 | 32 | 11 | 0 | 0.0% | 0.1% |
| FY2019 | 19 | 4 | 0 | — | 0.3% |
| FY2018 | 13 | 5 | 0 | — | 0.4% |
| FY2017 | 18 | 7 | 0 | — | 0.8% |
| FY2016 | 14 | 6 | 0 | — | 1.0% |
| FY2015 | 12 | 9 | 0 | — | 1.2% |
| FY2014 | 11 | 7 | 0 | — | 1.3% |
| FY2013 | 16 | 11 | 0 | — | 1.4% |
| FY2012 | 8 | 7 | 0 | — | 2.0% |
| FY2011 | 12 | 8 | 0 | — | 2.1% |
| FY2010 | 17 | 12 | 0 | — | 3.4% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 504 program
| FY2021–FY2025 | This lender | 504 program |
|---|---|---|
| Median approval | $543K | $657K |
| Average approval | $890K | $1.0M |
| Approvals of $150,000 or less | 4.5% | 4.6% |
| Approvals to startups and businesses 2 years old or less | 16.7% | 14.4% |
| Approvals to franchise businesses | 15.2% | 9.0% |
| Jobs supported per approval, as reported | 6.8 | 10.1 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 1.2% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Idaho | 62 | $55.2M | 93.9% | |
| 2 | Montana | 2 | — | 3.0% | |
| 3 | Utah | 1 | — | 1.5% | |
| 4 | Washington | 1 | — | 1.5% |
In Idaho the lender accounts for 11.8% of all 504 approvals in FY2021–FY2025.
Counties served
| # | County of the business (17 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Bonneville County, ID | 26 | $25.8M | 39.4% | |
| 2 | Bannock County, ID | 8 | $3.4M | 12.1% | |
| 3 | Jefferson County, ID | 7 | $7.6M | 10.6% | |
| 4 | Twin Falls County, ID | 5 | $4.8M | 7.6% | |
| 5 | Madison County, ID | 4 | $2.7M | 6.1% | |
| 6 | Teton County, ID | 3 | $1.5M | 4.5% | |
| 7 | Bingham County, ID | 3 | $1.1M | 4.5% | |
| 8 | Minidoka County, ID | 1 | — | 1.5% | |
| 9 | Ada County, ID | 1 | — | 1.5% | |
| 10 | Utah County, UT | 1 | — | 1.5% | |
| 11 | Gem County, ID | 1 | — | 1.5% | |
| 12 | Missoula County, MT | 1 | — | 1.5% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 14 | 21.2% | |
| 2 | Manufacturing | 10 | 15.2% | |
| 3 | Other Services (except Public Administration) | 8 | 12.1% | |
| 4 | Arts, Entertainment, and Recreation | 6 | 9.1% | |
| 5 | Health Care and Social Assistance | 6 | 9.1% | |
| 6 | Professional, Scientific, and Technical Services | 5 | 7.6% | |
| 7 | Real Estate and Rental and Leasing | 4 | 6.1% | |
| 8 | Construction | 4 | 6.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 9.1% | |
| 2 | Lessors of Real EstateNAICS 5311 | 4 | 6.1% | |
| 3 | Printing and Related Support ActivitiesNAICS 3231 | 3 | 4.5% | |
| 4 | Furniture and Home Furnishings RetailersNAICS 4491 | 3 | 4.5% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 4.5% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 3 | 4.5% | |
| 7 | Other Food ManufacturingNAICS 3119 | 2 | 3.0% | |
| 8 | Automobile DealersNAICS 4411 | 2 | 3.0% | |
| 9 | Other Wood Product ManufacturingNAICS 3219 | 2 | 3.0% | |
| 10 | Soap, Cleaning Compound, and Toilet Preparation ManufacturingNAICS 3256 | 2 | 3.0% |
Approval sizes
- $50,001 to $150,0004.5%3
- $150,001 to $350,00019.7%13
- $350,001 to $1 million53.0%35
- $1 million to $2 million12.1%8
- Over $2 million10.6%7
Loan terms
- Over 5 to 10 years1.5%1
- Over 10 to 20 years28.8%19
- Over 20 years69.7%46
Age of the businesses
- Existing, more than 2 years old83.3%55
- Startup, loan funds will open the business16.7%11
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 504 Basic | 38 | 57.6% | |
| 2 | Accredited Lenders Program | 22 | 33.3% | |
| 3 | 504 Refinancing Program | 5 | 7.6% | |
| 4 | ALP Express | 1 | 1.5% |
Franchise share
10 of 66 approvals in FY2021–FY2025 (15.2%) carried an SBA franchise code; across the 504 program the share is 9.0%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | AlphaGraphics | 3 | 4.5% | |
| 2 | New Holland Equipment | 1 | 1.5% | |
| 3 | Subaru Dealer Agreement | 1 | 1.5% | |
| 4 | True Value Company LLC | 1 | 1.5% | |
| 5 | Maximum Enterprises LLC d | 1 | 1.5% | |
| 6 | Miracle-Ear | 1 | 1.5% | |
| 7 | U.S. Oil | 1 | 1.5% | |
| 8 | The SodaMix | 1 | 1.5% |
Third-party lenders in its 504 projects
A 504 project pairs the CDC's loan with a larger loan from a bank or other lender. Banks and credit unions named on five or more of this CDC's projects in FY2021–FY2025:
| # | Third-party lender | Projects | Share | |
|---|---|---|---|---|
| 1 | The Bank of Commerce | 23 | 34.8% | |
| 2 | D. L. Evans Bank | 12 | 18.2% | |
| 3 | Glacier Bancorp, Inc. | 8 | 12.1% | |
| 4 | Glacier Bank | 6 | 9.1% |
Questions and answers
How many SBA loans does East-Central Idaho Development Company make?
SBA approved 7 504 loans through East-Central Idaho Development Company in FY2025, worth $6.5M, and 66 over FY2021 to FY2025. That ranks 95th of 182 active CDCs by number of approvals.
How large are East-Central Idaho Development Company's typical SBA loans?
The median 504 approval in FY2021 to FY2025 was $543K and the average $890K. The program-wide median was $657K.
What is East-Central Idaho Development Company's charge-off rate?
Of 197 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 91 as paid in full and 106 still outstanding; the 504 program figure for the same approval years is 1.2%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does East-Central Idaho Development Company lend to most?
By number of approvals in FY2021 to FY2025: other amusement and recreation industries (6); lessors of real estate (4); printing and related support activities (3); furniture and home furnishings retailers (3).
Where does East-Central Idaho Development Company make SBA loans?
In 4 states and territories. Idaho 62, Montana 2, Utah 1, Washington 1. In Idaho it accounts for 11.8% of all 504 approvals.
Is East-Central Idaho Development Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 17, against 85 in the three before: falling (-80%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error