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SBA 504 Loans in Boise, ID

Find lenders offering sba 504 loans in the Boise, including Nampa, Meridian, Caldwell, and surrounding areas. Compare rates, terms, and programs from 17 lenders.

Lenders
17
Typical Rate
Below market (CDC portion ~5-6%)
Down Payment
10%
Term
10-25 years
Closing Time
45-90 days

SBA 504 Lenders Serving Boise

17 lenders offering sba 504 loans in the Boise, ID area.

Capital Matrix, Inc.

Local SBA

Boise, ID

Boise, Idaho-based nonprofit Certified Development Company administering SBA 504 loans since 1983. Has provided over $600 million in financing to more than 1,600 companies across Idaho and the Pacific Northwest.

23 SBA loans
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Panhandle Area Council, Inc.

Local SBA

Hayden, ID

4 SBA loans
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Eastern Idaho Development Corporation

Local SBA

Pocatello, ID

1 SBA loans
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Live Oak Banking Company

SBA

WILMINGTON, NC

One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.

628 SBA loans
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The Huntington National Bank

SBA

COLUMBUS, OH

Major regional bank and consistently one of the top SBA lenders in the country by number of loans. Offers SBA 7(a) and 504 loans alongside conventional business lending, commercial real estate, and treasury management services.

1337 SBA loans
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U.S. Bank, National Association

SBA

Cincinnati, OH

Fifth-largest commercial bank in the U.S. and a top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, and a full suite of business banking products.

846 SBA loans
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Readycap Lending, LLC

SBA

BERKELEY HEIGHTS, NJ

Non-bank SBA preferred lender offering SBA 7(a) and 504 loans nationwide. Specializes in commercial real estate, business acquisition, and expansion financing for small businesses. Known for fast closings and flexible underwriting.

563 SBA loans
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Wells Fargo Bank National Association

SBA

Sioux Falls, SD

One of the largest banks in the U.S. and a major SBA preferred lender. Offers the full range of SBA programs including 7(a) and 504 loans, alongside conventional commercial lending, commercial real estate, and equipment financing.

220 SBA loans
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Fifth Third Bank

SBA

CINCINNATI, OH

Major regional bank and SBA preferred lender with operations across the Midwest and Southeast. Offers SBA 7(a) and 504 loans, conventional commercial lending, equipment financing, and commercial real estate loans.

117 SBA loans
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Enterprise Bank & Trust

SBA

CLAYTON, MO

Midwest-based bank and top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate financing, and specialty lending for industries like healthcare and professional services.

63 SBA loans
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Cadence Bank

SBA

TUPELO, MS

Regional bank serving the Southeast and Texas, and an active SBA preferred lender. Offers SBA 7(a) and 504 loans, commercial real estate lending, equipment financing, and full-service business banking.

132 SBA loans
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Zions Bank, A Division of

SBA

SALT LAKE CITY, UT

Major Western U.S. bank and SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, equipment financing, and agricultural lending across the Mountain West.

256 SBA loans
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East West Bank

SBA

PASADENA, CA

One of the largest independent banks focused on the U.S. and Greater China markets. Offers SBA 7(a) and 504 loans, commercial real estate, trade finance, and international banking for businesses with cross-border needs.

47 SBA loans
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Grasshopper Bank National Association

SBA

New York, NY

New York-based digital business bank offering SBA 7(a) and 504 loans, commercial lending, and innovative banking solutions. Combines fintech convenience with traditional banking for small business owners and startups.

36 SBA loans
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Wells Fargo

San Francisco, CA

Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.

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Boise Commercial Real Estate Market

Boise's commercial real estate market has been reshaped by rapid population growth and an influx of out-of-state companies and remote workers, particularly from California and the Pacific Northwest, making it one of the most dynamic small-metro CRE markets in the Mountain West. The downtown core has seen significant office and mixed-use construction, including the JUMP complex and 8th Street corridor, while the Boise Bench and West End neighborhoods are transitioning toward higher-density development. Meridian and Nampa have experienced explosive suburban commercial growth along the I-84 corridor, absorbing much of the metro's new retail, medical office, and light industrial demand. Micron Technology's headquartered presence and HP Inc.'s large Boise campus provide an outsized tech employment base that differentiates the market from peer-sized metros.

Key Economic Drivers

  • Micron Technology headquarters and CHIPS Act-funded expansion
  • HP Inc. and Clearwater Analytics technology employment base
  • I-84 corridor suburban growth in Meridian, Nampa, and Caldwell
  • In-migration from California and Pacific Northwest driving housing and commercial demand

Market Insight

Micron Technology announced a $15 billion investment in memory chip fabrication in Boise supported by CHIPS Act funding, which is expected to create thousands of direct jobs and generate significant demand for industrial, office, and workforce housing CRE across the metro.

SBA 504 Loans in Boise, Idaho

SBA 504 loans provide long-term, fixed-rate financing for major fixed assets like commercial real estate and heavy equipment. The loan is split between a bank (50%), a Certified Development Company (40%), and your down payment (10%), resulting in below-market rates on the CDC portion. In the Boise metro area, borrowers can access 17 lenders offering SBA 504 financing, including Nampa, Meridian, Caldwell, and surrounding areas. Loan amounts typically range from $125K to $17M with rates from Below market (CDC portion ~5-6%).

Who Should Consider SBA 504 Loans?

  • Owner-occupied commercial real estate
  • Heavy equipment purchase
  • Business expansion
  • New construction

Key Requirements

  • For-profit business
  • Net worth under $15M
  • Average net income under $5M (after taxes) for prior 2 years
  • 51%+ owner occupancy
  • Create or retain jobs (1 per $90,000 CDC)

Advantages

  • Only 10% down payment
  • Below-market fixed rate on CDC portion
  • Long terms (20-25 years for RE)
  • No balloon payments

Considerations

  • Must be owner-occupied (51%+ for existing, 60%+ for new construction)
  • Cannot be used for working capital
  • Longer closing timeline
  • Two closings (bank + CDC)

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