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504 Deal Structure
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Note Rate
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Eff Rate*
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Land & Bldg
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Constr/Remodel
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Constr-Contingency
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Furn, Fix, Equip
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Prof/Refi/Other
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Total Project
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Has this
business been in operation for 2 years or more?
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Will this
loan finance a "special purpose" building?
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Bank Int Rate
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%
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Bank Amort
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yrs
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Bank % of Proj
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%
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Cash Down %
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%
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Source
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$
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%
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Bank Loan
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504 Loan
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Cash Down
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Total Loans
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Mo Bank Pmt
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Mo 504 Pmt
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Total Pmt
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Annual Debt
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*The spread
between the Note Rate and the Effective Rate is made up of servicing fees
included in the 504 monthly payment, similar to an APR.
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Fees included in gross loan amount
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SBA/CDC Share
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Guarantee fee
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Funding fee
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Processing fee
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CDC Closing fee
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Subtotal
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Underwriter's fee
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TOTAL
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SBA 504 Portion of Project
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SBA 504 Note with fees
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Balance to borrower
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SBA fees collected at closing:
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SBA Atty fee IN
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$1,500
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SBA Atty fee KY
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$2,500
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SBA Lender fee
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