|
SBA 504 Rates Fall
SBA 504 January Effective Rate Falls to
5.92% (3rd Consecutive Monthly Decline)
The 20-year 504 rates announced Today (2/15/2005)
are:
Effective Rate: 5.92%,
(1st 5 years):
5.XX%
Note Rate: 4.69%
Debenture Rate:
4.63%
The 10-year 504 rates are:
Effective Rate: 5.86%,
Note Rate: 4.39%
Debenture Rate: 4.24%
| 504 Loan Program Expansion Implemented |
 |
|
SBA Policy Notice 5000-940 published December 21,
2004, provides implementation information and
instructions on the 504 Loan Program legislative
changes that became law on December 8, 2004.
Read on... »
|
| Just Kidz -- A Dream Come True |
|
|
With construction underway of a new $1,117,000
building, Just Kidz Preschool and Learning Centers will
be able to serve 151 more children in Pasco County.
Full Text... »
|
| Florida Minimum Wage Start Date Announced |
|
|
The Agency for Workforce Innovation announced that
the beginning date for Florida's newly-enacted minimum
wage will be May 2, 2005
Further Details... »
|
| Check the SOP: 504 Q&A |
|
Q -- Who is required to provide a personal guarantee
for a 504 loan?
A -- SBA generally requires the personal guaranty of
any person owning 20% or more of the applicant
business or any person who has management control of
that business, regardless of the form of ownership.
Read the complete answer... »
|
|
| Demand for SBA Loans Sets Record Pace In First Quarter of FY 2005 |
|
|
American small businesses set a record pace of
borrowing to start and expand their companies over
the first three months of the current fiscal year,
securing backing from the U.S. Small Business
Administration on 23 percent more loans than in the
same period a year ago.
Details...
|
|
