Skip to main content
GovBenefits.gov - Your Benefits Connection
GovBenefits.gov - Your Benefits Connection Group of potential benefit recipients
 
This link displays the GovBenefits.gov About page This link displays the GovBenefits.gov Spanish page This link displays the GovBenefits.gov FAQs page This link displays the GovBenefits.gov Press Room page This link displays the GovBenefits.gov Contact us page
side bar
Keyword Search  
Go search for benefits
Federal  
  State  
Both  
This link displays search tips on the GovBenefits.gov FAQs page  
This link displays the GovBenefits.gov Federal Benefits page
This link displays the GovBenefits.gov State Benefits page
This link displays the GovBenefits.gov Other Resources page
Link to GovBenefits.gov!
Learn more about how to link to us.

We value your opinion!
Tell us what you think by taking a GovBenefits.gov survey.

Become a GovBenefits.gov partner!
 Learn how your organization can become a partner.

Download Adobe Acrobat Reader

This link opens the GovLoans.gov website in a new browser window
box: top left corner box: top box: top box: top right corner
United States Capitol Building


>> Locate Federal Benefits >> U.S. Small Business Administration

WHAT IS IT: BENEFITS REPORT

Print this pageEmail this page   

Additional information on Federal benefits may be found through:

bullet U.S. Small Business Administration
box: bottom left corner box: bottom right corner box: bottom right corner box: bottom right corner
 

Details appear below for each of the benefit programs you selected to be included in this Benefits Report. Based on the information you provided, it appears that you may be eligible to participate in or receive benefits from these programs (GovBenefits.gov cannot guarantee your eligibility).

IMPORTANT: This information will be lost once you leave the GovBenefits.gov website.

You may wish to print this report for future reference. Created on Oct. 18, 2004

Program name Am I eligible?
Certified Development Company (504) Loan Program Am I eligible?

Eligibility criteria
To be eligible, the business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, the business qualifies as small if it does not have a tangible net worth in excess of $7 million and does not have an average net income in excess of $2.5 million after taxes for the preceding two years. Loans cannot be made to businesses engaged in speculation or investment in rental real estate.

Description
The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. Generally, A private investor will provide 50% of the project cost, the Certified Development Company (backed by SBA) will provide 40% of the cost, and the business applicant will provide 10% equity injection. The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

Managing organization
U.S. Small Business Administration http://www.sba.gov/

Program contact information & web resources
For more information on this program, please visit:
http://www.sba.gov/financing/sbaloan/cdc504.html

  
 
Back to top    
 
This site works best with Internet Explorer 5.5 and Netscape 7.0 or higher. Privacy and Security Statement | Disclaimer | Regulatory Compliance