504 Project Structure

 

SOURCE

PROJECT
COSTS

LIEN

RATE

FUNDING LIMITS

REAL
ESTATE

EQUIPMENT
Bank

50%
$500,000

 First Market No Limit 10 Yrs.
or
Longer		 7 Yrs.
or
Longer

GSDC
(SBA 504)

40%
$400,000
Second
Fixed

Min:$50,000

Max: $2,000,000 and
$4,000,000 for 
manufacturing companies
20 Yrs.
10 Yrs.
Borrower

10%
$100,000

          
TOTAL $1,000,000          
 

Owner equity required is 10%.
An extra 5% is required for either a start-up business (2yrs in or less) or a single purpose building.