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CDC/504 Loan Program

<p>
The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides small businesses requiring &ldquo;brick and mortar&rdquo; financing with long-term, fixed-rate financing to acquire major fixed assets for expansion or modernization. A Certified Development Company (CDC) is a private, nonprofit corporation set up to contribute to the economic development of its community. CDCs work with SBA and private sector lenders to provide financing to small businesses.</p>

Eligibility Information Required for 504 Submission

Pre-Application Review Request

This form is the 504 Risk Based Lender Review File Checklist.

This form is a statement from SBA that the organization is an equal opportunity employer as well as equal treatment of clients.

To induce the Certified Development Company (CDC) to make the above-referenced U.S. Small Business Administration (SBA) 504 Loan to Borrower (and Operating Company, if loan is to an Eligible Passive Company) for purposes of financing the Project described in the Authorization for Debenture Guarantee (Authorization), Borrower and Operating Company each hereby certifies to CDC and SBA the following.

As described in the “Authorization for Debenture Guarantee (SBA 504 Loan),” as amended (Authorization), and as detailed below, the Third Party Lender will provide term financing (Third Party Loan), and the CDC will provide a loan (the 504 Loan) funded by a debenture issued by the CDC and guaranteed by the U.S.

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