CDC/504 Loan Program

E200686

The CDC/504 Loan Program is a U.S. Small Business Administration financing program that provides long-term, fixed-rate loans to small businesses for major fixed assets like real estate and equipment to promote growth and job creation.

All labels observed (4)

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Statements (47)

Predicate Object
instanceOf U.S. Small Business Administration program
small business financing program
administeredBy U.S. Small Business Administration
alsoKnownAs CDC/504 Loan Program
surface form: 504 Loan Program

CDC/504 Loan Program
surface form: SBA 504 Loan Program
backedBy SBA-guaranteed debentures
benefit below-market fixed interest rates compared to many conventional loans
long repayment terms
reduced borrower equity contribution
component CDC portion funded through SBA-guaranteed debenture sales
country United States of America
surface form: United States
designedFor fixed asset projects with long useful life
downPaymentRequirement typically lower than conventional commercial loans
eligibility business must be for-profit
must meet SBA small business size standards
project must create or retain jobs or meet public policy goals
finances long-term machinery and equipment
major fixed assets
owner-occupied commercial real estate
focus economic development
owner-occupied property
goal encourage private sector investment
support community economic development
interestRateType fixed rate
involves Certified Development Company
third-party lender
loanType long-term loan
purpose promote small business growth
provide long-term fixed-rate financing for major fixed assets
support job creation
regulator U.S. Small Business Administration
requires participation of a Certified Development Company
restriction generally cannot be used for debt consolidation
generally cannot be used for inventory
generally cannot be used for working capital
sector small business lending
supports capital investment by small businesses
targetBeneficiary small businesses
typicalBorrower owner-operator of a small business
typicalStructure SBA-backed CDC loan in second lien position
bank or private lender in first lien position
useOfProceeds construction of new facilities
purchase of existing buildings
purchase of land
purchase of long-term equipment
purchase of long-term machinery
renovation or modernization of facilities

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Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

7(a) Loan Program relatedProgram CDC/504 Loan Program
this entity surface form: SBA 504 Loan Program
Microloan Program relatedTo CDC/504 Loan Program
Small Business Investment Company Program relatedProgram CDC/504 Loan Program
this entity surface form: Small Business Administration 504 Loan Program
Small Business Investment Companies relatedProgram CDC/504 Loan Program
subject surface form: Small Business Investment Company
this entity surface form: Small Business Administration 504 Loan Program
Small Business Administration 7(a) Loan Program relatedProgram CDC/504 Loan Program
this entity surface form: SBA 504 Loan Program
CDC/504 Loan Program alsoKnownAs CDC/504 Loan Program
this entity surface form: SBA 504 Loan Program
CDC/504 Loan Program alsoKnownAs CDC/504 Loan Program
this entity surface form: 504 Loan Program