Frequently Asked Questions Here are some answers to Frequently Asked Questions about the SBA 504 Loan Program through SEDA-COG:
FAQ 1. Can the SBA 504 program provide 100% financing for my project? 2. How much of my own money do I need to bring into the project? 3. What is the typical loan amount through the SBA 504 loan program? 4. How long is the term of the SBA 504 loan? 5. I have a start-up business idea. Can the SBA 504 loan program help me with financing? 6. Can I refinance my existing debt through the SBA 504 loan program? 7. What is the interest rate for the SBA 504 loan? 8. Is the SBA 504 loan available to service and retail establishments? 9. Are real estate developers eligible for the SBA 504 program?