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SBA 504 Sample Loan Structure


 
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For projects exceeding $13,453,000.00 contact us.
First Lender amortization yrs:  
First Lender rate:  
Click here to compute:  
 
 

Estimated Debt Service
 
 
Source of Funds   Amount Rate     Amortization Collateral   Monthly
Payment
  Annual
Payment
First Lender (Bank) 50%



% fixed  
*
 
years

1st Deed









SBA 504 Loan 40%



% fixed  
**
 
20 years
Fully Amortized
2nd Deed









Equity Injection
10%
   
 
 
           
 
Total
 
<--blended rate  
 
SBA 504 loan limits: $5 million for regular projects, and $5.5 million for manufacturers.
* First Lender Rate & Term: Interest rate and terms are set by the bank, can be fixed or variable and typically range from 15- to 30-year amortizations.
** SBA Rate & Term...: SBA 504 rate is set at time of loan funding and is based on 10 year treasury rate plus a spread. SBA term is 20 years, fully amortized. Latest SBA rate: 4.53%
Estimated Fees...: Points and fees on the SBA 504 loan (2.15% + $2,300) are rolled into principal and rounded up. In this example, the second mortgage amount financed would be.
Approximate
Related Costs:
Does not include cost of appraisal, environmental report, escrow and closing. These costs will vary depending on the project costs. Contact us for further information.