CURRENT SBA 504 RATES – MAY 2025
| 20-YEAR | 25-YEAR | 10-YEAR | PRIME | |
| STANDARD | 6.42% | 6.40% | 6.22% | 7.50% |
| REFINANCE | 6.45% | 6.43% | 6.25% |
The U.S. Small Business Administration (SBA) 504 Loan Program is designed to assist small business owners or entrepreneurs in financing fixed assets such as commercial real estate or equipment. Refinancing existing real estate and equipment debt may also be eligible.
Through the SBA 504 loan program, we work with your local bank or credit union to offer you:
- Lower, fixed interest rates
- As low as a ten percent down payment
- Financing for up to 40% of eligible costs
- Up to a 25-year term and amortization (no balloon payment)
- Refinancing of existing real estate or equipment debt
SBA 504 BASICS
ELIGIBLE BORROWERS
ELIGIBLE USES
LOAN CALCULATOR
SEDA-COG also provides State and internal revolving loans to meet your needs.
SEDA-COG Local Development Corporation (LDC) is authorized to administer the 504 Loan Program to small businesses across Pennsylvania. SEDA-COG has been providing SBA 504 loans to small businesses since 1981.
MISSION STATEMENT: The mission of the SEDA-COG Local Development Corporation is to promote the general wealth, welfare, and prosperity of the people residing or operating businesses within its area of operations.