TYPICAL SBA 504 LOAN STRUCTURE

PROJECT COST $1,000,000 (100%)

FINANCING

Local Lender $500,000 (50%)

• 1st Lien Position
• Interest Rate, Market
• Term, 10 to 30 years

GSCDC/SBA $400,000 (40%)

• 2nd Lien Position
• Interest Rate, Fixed
• Term, 10 or 20 years

Down Payment $100,000 (10%)

• Cash or Equity

PROGRAM BENEFITS

• Low Down Payment, which allows the business to reserve working capital for future growth
• Below Market Fixed Interest Rate, which allows for a lower fixed monthly payment

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