Dakota Business Lending
  504 Deal Structure
 
Note Rate
Effective Rate
Land+Building
Construction
Contingency
Equip/Furn
  Prof. Fees      
  Debt  Refinance      
Other
  Total Cost      
  Has this business been in operation for 2 years or more?    
  Will this loan finance a "special purpose" building?  
 
   
Bank Int Rate
Bank Amort
yrs
Bank % of Proj
%
Cash Down %
%
Bank Lender Fee $
  Source   $ %
  Bank Loan
  504 Loan
  Cash Down
  Total Loans  
  Mo Bank Pmt     
  Mo 504 Pmt    
  Total Pmt    
           
  Annual Debt    
   Amount Due at Closing
  Borrower's Equity    
SBA TPL Fee
Bank Fee
Due from Borrower
504 Loan
SBA  Fees Financed
Total
Fees included in gross loan amount
SBA/CDC Share
Guarantee fee
Funding fee
Processing fee
CDC Closing fee
Subtotal
Underwriter's fee
TOTAL
SBA 504 Portion of Project
"Moved to Row 50"
Balance to borrower
SBA fees collected at closing:
SBA Lender fee
  Provide Data for  Loan Comparisons
  Conventional Bank Loan  
Loan to Value %
Amortization yrs
Interest Rate %
Lender Fee
  SBA  7(a) Loan  
Loan to Value %
Amortization yrs
Interest Rate %
  Comparison of Financing   
504 + Bank
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
SBA 504 + Bank Fees 
Conventional
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
Bank Lender Fee
SBA 7(a)
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Eff int rate
Eq injection
7(a) SBA Fees
504 Loan
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
Bank Loan
Project financing %
Amortization (yrs)
Interest rate %
Total financing
Monthly payment
  Financing Cost  
504
Interest cost
SBA-bank fee costs
Bank
Interest cost
SBA-bank fee costs
504 + Bank
Interest cost
SBA-bank fee costs
Total cost - int&fees
Conventional
Interest cost
SBA-bank fee costs
Total cost - int&fees
SBA (7a)
Interest cost
SBA-bank fee costs
Total cost - int&fees
Gross debenture:
Funding fee
Processing fee
CDC Closing fee
Subtotal
Underwriter's fee
Total
First 5 years pmt
Second 5 years pmt
Third 5 years pmt
Forth 5 years pmt
Average  20 & 25pmt
Average  10pmt