• The April effective interest rate for a 20 year 504 loan is 4.62%, and the rate for a 10 year 504 loan is 4.81%
  • Clint Shiflet, Senior VP & Area Manager at Idaho Central Credit Union in Meridian, named the 2016 SBA 504 Lender of the Year. Congratulations and thank you, Clint!
  • IDAHO CENTRAL CREDIT UNION was named the 2016 SBA 504 Financial Institution of the Year. "Thank you", Idaho Central Credit Union for all you do to help businesses grow!
  • SBA 504 loans approved during FY2016 now how lower fees! The "up front" SBA Guarantee Fee has been reduced from 0.5% to zero. The ongoing SBA Guarantee Fee (paid annually) is reduced from 0.9375%, or 93.75 basis points per annum, to 0.914% or 91.4 basis points per annum of the outstanding balance of the loan. The total administrative costs lowered from 2.65% to 2.15%.
    

Capital Matrix | Calculator

This payment calculator can be utilized to estimate costs related to an SBA 504 loan.  Simply fill in the blanks and receive detailed information on payments and fees associated with a 504 loan.

This calculator provides purely ESTIMATED costs.  

 

Payment Calculator

Estimated Project Cost
$
Bank Interest Rate
  %
SBA Interest Rate
  %  
Loan Duration
   (years)  
2013 Capital Matrix - Web design by IntegriNet Solutions