SBA 504 Loan Program

Each Project under the 504 Loan Program will have three sources of financing:

1. The borrower provides a minimum of 10% of the project total. Oftentimes, the percentage of equity injection will be greater than 10%. Start-up companies and special use facilities will require a minimum down payment of 15-20%).

2. SBA lends a maximum of 40% of the Project total, up to $2,000,000. (In the case of start-ups or special use facilities, 30-35%).

3. The participating lender lends the balance of the project's total cost (40-50%).