Northwest Business Development Association

A CERTIFIED SBA 504 LENDER

ACHIEVING BIG DREAMS FOR SMALL BUSINESSES

SAMPLE OF A 504 DEBENTURE AND FEE CALCULATION

Project Costs

Land/Building:

Improvements:

Equipment:

Loan Costs:

Project Cost:

First Mortgage @ 50%

504 Net Debenture @ %

(Decrease by 5% for start-up or special purpose)

Borrower's Injection @

10%

(Increase by 5% for start-up or special purpose)

Pricing The Debenture

Net Debenture From Above

SBA Fee @ .5%

Funding Fee @ .25%

Processing Fee @ 1.5%

Attorney's Fees

$2,500.00

Misc Loan Fees

$500.00

Underwriter Fee

Subtotal Of Fees

Gross Debenture

Rounded To

Back To Borrower

This is an example of an SBA 504 project. Fees and debentures may vary depending on loan size, maximum debenture limits, and fee percentages as approved by SBA. Actual fees will be set forth upon loan approval by SBA in the SBA Authorization and Loan Agreement. This does not constitute any approval or commitments on behalf of NWBDA or the SBA.
Upon approval of SBA, NWBDA will collect a 1% commitment fee from borrower which will be reimbursed to borrower at closing of debenture.

Effective Rates
January 2012
20 Year Rate: 4.84%
10 Year Rate: 4.01%

FEATURED SUCCESS STORY

Serving Washington, Oregon & Idaho

(509) 458-8555 or (800) 540-1748
9019 East Appleway, Ste 200
Spokane Valley, WA 99212