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Building Acquisition $
SBA/ CDC Fees
Total Project Cost
|Source of Funds||% of Total||Amount||Rates||Maturity||Monthly Payment||Annual Payment|
|SBA 504 Loan||
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- 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 up to 25 years, fully amortized.
- Estimated Fees: SBA/CDC fee of 2.15% of SBA loan amount plus CDC’s attorney flat fee of $3,500 which is included and financed in the SBA loan. Other related costs: appraisal, environmental report, escrow and closing costs.
- Interest rates and fees are estimates only and subject to market availability.