504 Requirements

Basic 504 Requirements:

Up to 90% financing on Commercial Real Estate and Equipment
25 year Fixed rate financing
Low down payments, typically 10%
Borrow up to $5 M from SBA
up to $5.5 M for being  Energy Efficient If the Project to be funded satisfies one of these goals, the Project is eligible even if the Project does not meet the job creation or job retention requirements a. Reduction of existing energy consumption by at least 10% b. Increased use of sustainable designs c. Plant, equipment and process upgrades of renewable energy sources such as the small-scale production of energy
          or Small Manufacturer
Most for profit Small Businesses are eligible to participate

PLP Application