¹ Not all borrowers/properties will qualify for a 40% SBA 504 structure. Special Use properties and Start up businesses in operation under 2 years will require an additional borrower contribution of 5-10%. For specifics, please contact one of our loan specialists.

² Interest rate and terms are set by the bank, can be fixed or variable and typically range from 15- to 25-year amortizations.

³ The SBA 504 rate is set at the time of loan funding and is based on 10-year treasury plus a spread. SBA term is 10, 20 or 25 years, fully amortized.

⁴ The Blended rate is an approximate calculation and will differ slightly based on project fees financed into the loan debenture.

⁵ The First Lender will hold the 1st Mortgage as collateral. The SBA will hold the 2nd Mortgage as collateral.

⁶ Points and fees on the SBA 504 loan are rolled into principal and rounded up. The SBA fees are % of the SBA 504 loan plus legal fees of $ for SBA loan amounts under $ and $ for SBA loan amounts over $. For specifics, please contact one of our loan specialists.

⁷ Payments are calculated off of the SBA loan amount plus SBA fees

Additional Notes

This calculator does not include the cost of appraisal, environmental report, property taxes, insurance, escrow and closing fees. These costs will vary depending on the project costs.

SBA 504 Sample Loan Calculator

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Debenture Rates