SBA 504 Loan Structure Overview

SPEDCO works with the SBA to provide up to 40% of the total project cost. The participating lender normally finances 50% of the cost.The borrower typically puts down as little as 10% of the total project cost.

% Project Cost Source of Funds Interest Rate
*Start-up AND/OR Special Purpose Building may require a higher percentage of equity. Costs do not include fees.
50% $1,250,000 Private Lender Fixed or Variable
40% $1,000,000 SPEDCO/SBA Fixed
10%* $250,000 Business Borrower
Total $2,500,000

Read through the loan application to learn more about the information you’ll need to provide to the SBA.

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Disclaimer
SPEDCO hopes you find this information helpful but provides it “as is” and without warranty. SPEDCO is not responsible for errors or omissions. Government regulations and SPEDCO policies may change at anytime without notice. In all cases, government regulations and SPEDCO policies in effect at the time of loan application shall apply.