​The Small Business Administration to provide small businesses impacted by COVID-19 up to $2 million in disaster assistance loans. If your small business has been affected by COVID-19 you can apply for SBA disaster assistance. Learn More

In response to COVID-19 outbreak and the financial impact it is having on our borrowers, we have put together some options for your consideration. Please Review

Scams that play on fears related to the novel Coronavirus outbreak are on the rise. Take extra caution during this time.

Calculate Your Small Business Loan Costs

Payment Calculator

Project Costs

Total Project Cost:

Loan Structure

First Mortgage @ 50%:
(Decrease by 5% for start-up or special purpose)
Borrower's Injection:
(Increase by 5% for start-up or special purpose)

Pricing The Debenture

Net Debenture From Above
SBA Fee @
Funding Fee @ .25%
Processing Fee @ 1.5%
Attorney's Fees
Misc Loan Fees
Underwriter Fee
Subtotal Of Fees
Gross Debenture
Rounded To
Back To Borrower

Estimated Loan Payment

SBA Term

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.

NWBDA will collect a 1% commitment fee from borrower at the time of application which will be reimbursed to borrower at closing of debenture. This fee will be fully refunded if the SBA declines the loan.