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SBA 504 LOANS
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ELIGIBILITY AND PREPARATION
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PRE-LOAN APPLICATION
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LOAN SERVICING
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FAQS
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PAYMENT CALCULATOR
PAYMENT CALCULATOR
To calculate your estimated monthly payment:
A) Fill in project costs.
B) Choose a down payment percentage.
C) Select a term length for both the bank and SBA loans.
Use of Funds
Land (or purchase of existing building)
$
New Construction/Renovations
$
Equipment
$
Professional Fees/Contingency
$
Total:
$
Source of Funds
Bank Loan
%
$
SBA 504 Loan
%
$
Equity Injection
%
10
11
12
13
14
15
16
17
18
19
20
$
504 Debenture Pricing
Net Debenture
$
Total
$
Gross Debenture (rounded to next '000)
$
* Gross debenture includes fees associated with your SBA Loan.
504 Loan Monthly Payment
To calculate approximate monthly payments,
choose term and enter interest rate below:
SBA 504 Loan Debenture Amt
$
Term
(Years)
20
10
Interest Rate
(APR) %
Bank Loan Monthly Payment
To calculate approximate monthly payments,
choose term and enter interest rate below:
Bank Loan Amt
$
Term
(Years)
20
15
10
Interest Rate
(APR) %
Total Estimated Monthly Payment
SBA 504 Loan
$
Bank Loan
$
Total Monthly Payment
$
Annual Debt Service
$
Submit
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