SBA 504 SAMPLE LOAN STRUCTURE
Project Breakdown
Cost:
$
Click
here
if the cost is more than $4,887,500.00
Terms/Maturity (in Years):
30/10
40/15
25/25
20/20
15/15
SBA/CDC Fees:
$
Total:
$
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% + SBA Fees
$
%
fixed
20 years
Fully Amortized
2nd Deed
$
$
Equity Injection
10%
$
Total
$
$
$
Bank Rate & Term*:
Bank rate is estimated. Points, amortization and maturity are determined by the lender.
SBA Rate & Term:
SBA interest rate is FIXED at the time of debenture sale. SBA term is 20 years, fully amortized. Latest SBA rate: 6.57%
Estimated Fees:
SBA/CDC fee of 2.15% of SBA loan amount plus CDC's attorney flat fee of $2,000 which is included and financed in the SBA loan.
Approximate
Related Costs:
Appraisal report ($3,500), environmental report ($1,000), escrow and closing costs (vary depending upon project cost).
For Information, Contact:
Claudia Cohen
(415) 217.7600 |
CCohen@CapitalAccess.com