Dividends & Buybacks
EB5AN's Snake River Sporting Club Repays Part of EB-5 Loan Over Three Years Early
By News Desk ·
Key takeaways
- Snake River Sporting Club repaid a large portion of EB5AN's EB-5 loan in early November 2026, more than three years before the maximum maturity date.
- More than 40 investors in the project have received I-526E approval, and the project has received Form I-956F approval from USCIS.
- Twenty condominium and lodge cabin units have sold, including seven condominiums at an average of $3.3 million and 13 cabins at an average of $3.6 million.
EB5AN's Snake River Sporting Club, a rural EB-5 project in Wyoming, made a large partial repayment of EB5AN's loan in early November 2026, more than three years before the loan's maximum maturity date. EIN Presswire published the announcement on November 13, 2026.
How the Snake River Repayment Worked
EB5AN is a USCIS-authorized EB-5 regional center operator and investment fund manager that sponsors loan and equity real-estate projects for foreign investors seeking U.S. permanent residency. Snake River Sporting Club is a private residential and resort community near Jackson, Wyoming, and EB5AN's loan financed a luxury lodge hotel, residences and amenities.
Construction is complete, and the project has created all qualifying jobs required for its EB-5 investors. The developer repaid part of the loan's principal early, with the balance of the principal remaining outstanding. EB5AN said the repayment is believed to be one of the fastest early repayments of a rural EB-5 loan under the EB-5 Reform and Integrity Act of 2022.
"Families commit substantial savings to an EB-5 investment, and they deserve to see real progress toward getting that money back," said Sam Silverman, managing partner of EB5AN. "Snake River has already created all of the jobs its EB-5 investors need."
More than 40 investors in the project have received I-526E approval, and the project has received Form I-956F approval from U.S. Citizenship and Immigration Services. Twenty condominium and lodge cabin units have sold: seven condominiums at the Sylvan Lodge for an average price of $3.3 million and 13 lodge cabins for an average price of $3.6 million.
"EB-5 investors have two major goals: securing permanent residency and recovering their investment capital," said Mike Schoenfeld, managing partner of EB5AN. "Snake River has made substantial progress on both."
EB5AN's Funding and Development Record
EB5AN's regional center-sponsored investors have committed more than $1 billion in capital across projects, according to akta.pro company records. The same records put the total development value of projects across all EB5AN regional center-sponsored investments at more than $7 billion, with more than 2,700 families from over 70 countries sponsored as of March 2025.
The firm was founded in 2013 and is headquartered in San Juan Capistrano, with Sam Silverman and Mike Schoenfeld as co-founders and managing partners. EB5AN's website describes its regional center offerings.
What Remains on the Snake River Loan
The balance of the loan's principal remains outstanding following the early repayment. EB5AN said a partial repayment does not eliminate the risks associated with the outstanding balance of the loan.