Certified Development Company (CDC) (504) Loan Program
- Listed: February 20, 2019 3:04 pm
- Expires: 997973 days, 12 hours
Description
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Program Description
The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as equipment or real estate.
Program Requirements
To be eligible, the business must be operated for profit and fall within the size standards set by the Small Business Administration (SBA).
For more detailed eligibility requirements, please visit the CDC/504 Loan Program Eligibilitypage.
Loan Terms
Maximum loan amounts are determined by how funds will be used based on which goal they support. To view this list, please visit the CDC/504 Loan Amounts Interest Rates and Fees page.
Application Process
To begin the loan application process, please visit the CDC/504 Loan Application Processpage.
Contact Information
For more information on this program, please visit the Real Estate and Equipment Loans: CDC/504 page.
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