What’s the structure of a 504 loan?

Post Updated:

The financing comes from a combination of 3 sources: a participating lender, the MCDC/SBA, and you as the borrower.  The lender typically finances 50% of the total project cost. The MCDC/SBA provides up to 40% of the total project cost.  You, the borrower, put in the remainder, as little as 10%.

map