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Current 504 Loan Rates:

10 Year:

20 Year:

25 Year:

Does Your Project Fit?

Eligible Use Of Funds Land Acquisition of Existing Building New Construction Fixed Assets from Business Acquisition Building Expansion / Renovation Long-Term Equipment Professional Fees Lender's Interim Points & Interest Debt Refinance (Expansion Projects - debt refi may not exceed 50% of the new expansion costs)

Ineligible Use Of Funds Working Capital Inventory Goodwill Assets from Business Acquisition Franchise Fees Tenant Improvements Occupancy 51% For Existing Facilities / Building (renovations and expansions are eligible) 60% for Ground-Up Construction Projects (must occupy 80% within 10 years)

Maximum Loan (SBA Portion) $5.0 Millon (Typical Project) $5.5 Millon (Manufacturers) $5.5 Millon (if Certain Energy Public Policy Goals Are Met) No Maximum Limit Placed on Participating Lender's Loan Portion

Borrower's Injection 10% in Most Cases 15% for Start-Up Businesses (Less Than Two Years In Operation) or Special-Purpose Properties 20% if The Project is Both a Start-Up and Special-Purpose Property Equipment-Only Loans may Qualify with 10% or 15% Injection

Applicant Tools

Application Checklist Application Package Life Insurance Guidelines Lease Resource Guide

• SBA Form 1244 – Personal History & Part C • SBA Form 413 - Personal Financial Statement • 4506 C