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Buy or Build It: SBA CDC/504 Loan Program
May 14 @ 11:30 am
504 Loan Structure
504 Loans are typically structured with SBA providing 40% of the total project costs, a participating lender covering up to 50% of the total project costs, and the borrower contributing10% of the project costs. Under certain circumstances, a borrower may be required to contribute up to 20% of the total project costs.
An example of how a typical 504 loan is structured follows:
504 Loan Example
Total 504 projects costs for a $1,000,000 project may include the following (eligibi …More Details on Event Website