SBA 504 Loan & Rates Monitor – October 2019

Through September 30, 2019, which is the end of the fiscal year for the program, SBA 504 loan originations were up 4.3% compared to the prior year, reaching $4.96 billion year-to-date in 2019 versus $4.75 billion during the same period in 2018. This reflects a...

SBA 504 Loan & Rates Monitor – September 2019

Through September 6, 2019, SBA 504 loan originations are up 4.7% compared to the same period in the prior year, reaching $4.64 billion year-to-date in 2019 versus $4.43 billion during the same period in 2018. This reflects a deceleration in originations over the past...

SBA 504 Loan & Rates Monitor – August 2019

Through August 9, 2019, SBA 504 loan originations are up 7.2% compared to the same period in the prior year, reaching $4.26 billion year-to-date in 2019 versus $3.98 billion during the same period in 2018. This reflects a substantial acceleration in originations over...

SBA 504 Loan & Rates Monitor – July 2019

Through June 28, 2019, SBA 504 loan originations are up 5.4% compared to the same period in the prior year, reaching $3.59 billion year-to-date in 2019 versus $3.40 billion during the same period in 2018. Despite this growth, the unpaid principal balance of...

The SBA 504 Program

The SBA developed the 504 Certified Development Company Loan Program (the “SBA 504 Program”) to promote economic development and create jobs. Under the SBA 504 Program, a bank, credit union, insurance company or other financial institution, including...