|Total Project Cost|
|Source of Funds||% of Total||Amount||Rates||Amortization||Collateral||Monthly Payment||Annual Payment|
|SBA 504 Loan||%||4.62%||Years||2nd Deed|
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Terms and Conditions
Bank Rate is estimated - will vary depending on lender.
SBA Rate is FIXED at the time of the debenture sale. Rate for current month is shown.
Bank Vary depending on lender policy.
SBA 2.15% of SBA loan plus legal fees are financed, and therefore included in the SBA loan amount.
Related Costs Appraisal, environmental reports (if required), and escrow closing costs (including insurance and legal closing costs) may be included in the loan.
90% financing generally does not require additional collateral.