Can my Robs C-Corporation borrow money from my Self Directed Ira

[Josh Neilson]

Hello all, I am new here.

I have a C-Corporation that I formed with a ROBS. We are opening a large indoor kids playground. I used funds in it to buy a large piece of commercial property and subdivided it in half. I only needed half the land. I now need to develope it and it is costing a little more than I thought due to the state DOT dumping a bunch of stormwater on it from 3 ditches for 1 mile each and 7 lanes of highway for 1 mile each.....this was not disclosed to me by the seller nor was there any easements for drainage recorded on this property when the highway was reconstructed 14 years ago adding these ditches and additional lanes of roads.

Once it is developed to level buildable land, I will be selling the other piece for a decent profit but need to spend more than anticipated to take care of the drainage issues.  I have a self directed ira llc that just sold its last piece of property so it has some money to reinvest.  Can my self directed ira llc loan my ROBS C Corporation money in which my C-Corp is owned 95% by my 401K and the other 5% is owned by me personally, or is this still considered a prohibited transaction?  Right now I can not legally pay myself a wage or a salary by my C Corporation till I make some sort of a profit, which won't be till after I sell half this property I am developing.  

Thanks, Josh