*Bank rate: Estimated – will vary depending on lender. The advance (or grant) of up to $10,000 is part of the Economic Injury Disaster Loan program, not Paycheck Protection Loans. The above is our best estimate with the information currently available. Oakland, CA 94612
504 Loan Calculator. These are one-time only expenses that are financed along with the debenture. SBA 504 Loan Calculator. Rate for current month is shown. SBA Rate is FIXED at the time of the debenture sale. An SBA 504 loan can be used for real estate or machinery. First, the SBA loan calculator (like most financial calculators out there) doesn’t account for business loan fees. Loan Calculator. Certain eligible energy-efficient or manufacturing projects may qualify for more than one 504 loan up to $5.5 million each. Project name: 3. NOTE: Because monthly fees are included in the payment amount, the amortization schedule for SBA 504 loans is an estimate and should be used for planning purposes only. You can get a brief review of your project utilizing 504 financing by inserting your estimated project costs into the blanks below. Maximum . In either case the SBA 504 loan portion maximum is increased to $5.5 million. See “504 Rate Information” on panel at left in order to insert the appropriate current rate into the payment calculator. 504 loans. The calculator is not set up to accurately project payment information for an SBA 504 loan due to the fact that an SBA 504 loan is comprised of two separate loans. SBA term is 10, 20 or 25 years, fully amortized. Property Acquisition Cost: 4. Monthly Payment analysis was calculated using the assumption PRIME interest rate remains at constant level through loan term. Big Sky Finance 504 Loan Calculator . SBA 2.65% of SBA loan plus legal fees are financed, and therefore included in the SBA loan amount. Get our FREE, easy-to-use-and-understand smartphone loan calculator app for small business owners who want to own their commercial property. Businesses often have difficulty qualifying for traditional financing due to required down payments of 20 percent or more. Simple SBA Loan Calculator gives you the estimated monthly payments of an SBA 7(a) loan based on loan purpose, down payment, term and interest rate selected. Building Acquisition $ Improvements/Other $ SBA/CDC Fees: Total Project Cost: Project Region. ... SBA Guaranty Fee: Total: * … Calculate your monthly loan payments for a small business loan to help you buy, start or expand a business. The Economic Injury Disaster Loan is a separate loan altogether and you apply directly to the SBA, not to individual lenders. A small business loan, like the SBA 7(a) loan, can be exactly the nudge you need to grow your organization -- but no matter how you spin it, borrowing for your business is a big decision.. That's why we created our business loan calculator. One click feature to send loan samples via email. The savings or deficit in payment amount for 504 vs. 7a will fluctuate as PRIME rate adjusts (7a is a variable rate loan subject to interest change). Growth Corp's payment estimator can help Hit “print” to produce a printable version. 3 The SBA 504 rate is set at the time of loan funding and is based on 10-year treasury plus a spread. 888.989.8855, © TMC Financing. TMC at 415.989.8855 or (function(){var ml="4t%a.ofcgi0mn",mi="9<6520:1;769<3<79<8475;",o="";for(var j=0,l=mi.length;j