Small Business Administration 504 Loan Program
Use this simple calculator to give you a general idea of what your monthly payments might be with an SBA 504 loan. Remember that Cen Cal finances 40% of your financing and that this calculator only gives you a rough estimate of monthly payments and not a guarantee.
Note: Typically, the SBA will lend no more than 40% of the project costs and the participating bank will lend 50%. Payments on the Bank loan must be calculated separately.
Note: The interest rate is subject to change each month due to changes in cost of funds.