CDC/504 Loan Program

E200686

The CDC/504 Loan Program is a U.S. Small Business Administration financing program that provides long-term, fixed-rate loans to small businesses for major fixed assets like real estate and equipment to promote growth and job creation.

All labels observed (4)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf U.S. Small Business Administration program ⓘ
small business financing program ⓘ
administeredBy U.S. Small Business Administration ⓘ
alsoKnownAs 504 Loan Program ⓘ
SBA 504 Loan Program ⓘ
backedBy SBA-guaranteed debentures ⓘ
benefit below-market fixed interest rates compared to many conventional loans ⓘ
long repayment terms ⓘ
reduced borrower equity contribution ⓘ
component CDC portion funded through SBA-guaranteed debenture sales ⓘ
country United States ⓘ
designedFor fixed asset projects with long useful life ⓘ
downPaymentRequirement typically lower than conventional commercial loans ⓘ
eligibility business must be for-profit ⓘ
must meet SBA small business size standards ⓘ
project must create or retain jobs or meet public policy goals ⓘ
finances long-term machinery and equipment ⓘ
major fixed assets ⓘ
owner-occupied commercial real estate ⓘ
focus economic development ⓘ
owner-occupied property ⓘ
goal encourage private sector investment ⓘ
support community economic development ⓘ
interestRateType fixed rate ⓘ
involves Certified Development Company ⓘ
third-party lender ⓘ
loanType long-term loan ⓘ
purpose promote small business growth ⓘ
provide long-term fixed-rate financing for major fixed assets ⓘ
support job creation ⓘ
regulator U.S. Small Business Administration ⓘ
requires participation of a Certified Development Company ⓘ
restriction generally cannot be used for debt consolidation ⓘ
generally cannot be used for inventory ⓘ
generally cannot be used for working capital ⓘ
sector small business lending ⓘ
supports capital investment by small businesses ⓘ
targetBeneficiary small businesses ⓘ
typicalBorrower owner-operator of a small business ⓘ
typicalStructure SBA-backed CDC loan in second lien position ⓘ
bank or private lender in first lien position ⓘ
useOfProceeds construction of new facilities ⓘ
purchase of existing buildings ⓘ
purchase of land ⓘ
purchase of long-term equipment ⓘ
purchase of long-term machinery ⓘ
renovation or modernization of facilities ⓘ

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

7(a) Loan Program → relatedProgram → SBA 504 Loan Program ⓘ
linked to: CDC/504 Loan Program
Microloan Program → relatedTo → CDC/504 Loan Program ⓘ
Small Business Investment Company Program → relatedProgram → Small Business Administration 504 Loan Program ⓘ
linked to: CDC/504 Loan Program
Small Business Investment Company → relatedProgram → Small Business Administration 504 Loan Program ⓘ
linked to: CDC/504 Loan Program
Small Business Administration 7(a) Loan Program → relatedProgram → SBA 504 Loan Program ⓘ
linked to: CDC/504 Loan Program
CDC/504 Loan Program → alsoKnownAs → SBA 504 Loan Program ⓘ
linked to: CDC/504 Loan Program
CDC/504 Loan Program → alsoKnownAs → 504 Loan Program ⓘ
linked to: CDC/504 Loan Program