SBA 504 Loan Program Interest Rates
• SBA 504 Loan Program offers a low, fixed rate based on a debenture bond
sale. This occurs one a month for 20-year loans and every other month for
10-year loans.
• Interest rates on GEODC’s 504 loan are set by the market. The interest rate
on the borrower’s 504 loan is fixed to the current market rate at the time the
SBA sells a debenture bond to fund the loan.
• Servicing fees based on principal are rolled into the monthly payment.
• The interest rate established by the Lender is negotiated directly with the
business owner.
Fee
Elimination Program
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