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504 Loan

Current Rates

May 2023

6.02

25 YEAR

Purchase/Construction

6.072%​

20 YEAR

Purchase/Construction

6.036%​

10 YEAR

Equipment

Open Sign

FINANCING FOR PENNSYLVANIA SMALL BUSINESSES

BY PENNSYLVANIA BASED EXPERTS

504 LOAN STRUCTURE

40%​

SBA 504

50%​

Bank

10%​

Business

BORROWERS

First Frontier 504 financing, as provided by the Altoona Blair County Development Corp. (a Pennsylvania CDC), works quickly to secure your 504 loan approval while being responsive to all of your questions.

LENDERS

For over 2 decades the First Frontier 504 Program administered by the Altoona Blair County Development Corp. has specialized in SBA 504 lending and partnered with lenders throughout Pennsylvania.  

SBA 504 FAST FACTS

Eligible Applicants:

  • Business Entity Classified as Small Business

  • For-Profit Corporation, Partnership, LP, LLC or Proprietorship

Lending Limits:

  • Up to 40% of Eligible 504 Project Costs

  • $5 million for Typical Projects and $5.5 million for Qualifying Manufacturing & Energy Related Projects

Eligible Uses:

  • Land Acquisition

  • Building Construction & Renovations

  • Building Purchase

  • Leasehold Improvements

  • Equipment

  • Related Project Costs

CONTACT US

First Frontier 504 Program provided by:

Altoona Blair County Development Corp.

3900 Industrial Park Drive | Altoona, PA 16602

504@firstfrontier504.com  |  Tel: 814-944-6113

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