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Program Outline

The 504 loan program is an economic development program designed to finance fixed assets for small businesses on reasonable terms and to stimulate employment through a job retention/creation goal.

Projects are typically structured as follows;

Project Structures

Typical Limited or Special   Purpose Property Limited/Special Purpose Property & a New Business
Third Party Lender

50%

50%

50%

Southland/SBA

40%

35%

30%

Borrower

10%

15%

20%

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