SBA Loan Calculator

The SBA has provided a program called “The 504 Loan Program” that allows your local Bank to partner with a local licensed Certified Development Company (CDC) to provide an element of financing at subsidized, below market rates and terms; utilize the interactive calculator below by inputting your proposed project parameters and click on the re-calculate button.


$
$
$1,000,000
$14,000

Source of Funds % of Total Amount Rates Amortization Monthly Payment Annual Payment
Bank 50% $500,000 5.00% 25 Years $2,923 $35,075
SBA 504 Loan
*Includes SBA Fees		 40% $414,000 6.02% 25 Years $2,671 $32,055
Borrower 10% $100,000
Total 100% $1,014,000 $5,594 $67,130