|Total Project Cost|
|Source of Funds||% of Total||Amount||Rates||Maturity||Monthly Payment||Annual Payment|
|SBA 504 Loan||%||%||20 Years|
1Bank Rate & Term: Bank rate is estimated. Points, amortization and maturity are determined by the lender.
2SBA Rate & Term: SBA interest rate is fixed at the time of debenture sale. SBA term is 20 years, fully amortized.
3Estimated Fees: SBA/CDC fee of 2.65% of SBA loan amount plus CDC's attorney flat fee of $2,000 which is included and financed in the SBA loan. Other related costs: appraisal, environmental report, escrow and closing costs.
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