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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 @ 0%
Funding Fee @ .25%
Processing Fee @ 0%
1.5% Processing Fee Has Been Temporarily Suspended
Due To The Americas Recovery And Reinvestment Act Of 2009
Fees Will Be Reinstated When The SBA Funds Are No Longer
Available Through The ARRA
Attorney's Fees
$2,500.00
Misc Loan Fees
$500.00
Underwriter Fee
Subtotal Of Fees
 
Gross Debenture
Rounded To
Back To Borrower
Term Interest Annual Payment Monthly Payment
Bank %
SBA %
Total

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 February 2010
20 Year Rate: 5.55%
10 Year Rate: 4.91%

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