504 Deal Structure  
 
 
Note Rate
Effective Rate
Land+Building
Construction
Contingency
FF&E
  Prof. Fees        
  Debt  Refinance        
Other
  Total Cost        
  Has this business been in operation for 2 years or more?      
  Will this loan finance a "special purpose" building?    
 
     
Bank Int Rate
%
Bank Amort
yrs
Bank % of Proj
%
Cash Down %
%
  Source   $ %  
  Bank Loan  
  504 Loan  
  Cash Down  
  Total Loans    
  Mo Bank Pmt       
  Mo 504 Pmt      
  Total Pmt      
             
  Annual Debt      
   504 SBA Fees Due at Closing  
  Borrower's Equity      
3rd Party Loan Fee
Due from Borrower
504 Loan
SBA  fees
Total
       
Fees included in gross loan amount
SBA/CDC Share
Guarantee fee
Funding fee
Processing fee
CDC Closing fee
Subtotal
Underwriter's fee
TOTAL
SBA 504 Portion of Project
"Moved to Row 50"
Balance to borrower
SBA fees collected at closing:
SBA Lender fee
  Provide Data for  Loan Comparisons      
  Conventional Bank Loan        
Loan to Value %
Amortization yrs
Interest Rate %
Lender Fee
  SBA  7(a) Loan        
Loan to Value %
Amortization yrs
Interest Rate %
  Comparison of Financing         
504 + Bank
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
SBA 504 + Bank Fees
Conventional
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
Bank Lender Fee
SBA 7(a)
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
7(a) SBA Fees
504 Loan
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Bank Loan
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
  Financing Cost        
504
Interest cost
SBA-bank fee costs
Bank
Interest cost
SBA-bank fee costs
504 + Bank
Interest cost
SBA-bank fee costs
Total cost - int&fees
Conventional
Interest cost
SBA-bank fee costs
Total cost - int&fees
SBA (7a)
Interest cost
SBA-bank fee costs
Total cost - int&fees
Gross debenture:
Funding fee
Processing fee
CDC Closing fee
Subtotal
Underwriter's fee
Total
First 5 years pmt
Second 5 years pmt
Third 5 years pmt
Forth 5 years pmt
Average  20 & 25pmt
Average  10pmt