Private Sector first mortgage                   50%
SBA 504 Net Debenture Proceeds         40%
Borrower Down payment                       10%
Single use building down payment             add       5%       …50/35/15
New business (two years or less)             add       5%       …50/35/15
Both add 10%..50/30/20

May not exceed 40% of eligible project cost and
$1,000,000 Maximum …may be increased to
$2,000,000 if one of eight public policy goals are met
1. Business District Revitalization
2. Expansion of Exports
3. Expansion of minority business development

0-Black (African)
1-Puerto Rican
2-American Indian
3-Hispanic
4-Asian or Pacific Islander (China,India,Korea, the Phillipines, Samoa)
5-Eskimo and Aleuts
8-Multi Groups comprising 51% or greater ownership
9. Women owned businesses

4. Rural development
5. Enhanced Economic Competition
6. Business restructuring resulting from federally mandated standards or policies
7. Assisting businesses affected by federal budget reductions
8. Veteran ownership

$50,000
District office may approve down to $25,000 in $1,000 increments