by Altoona Blair County Development Corp.
504 Loan
Current Rates
October 2022
6.439%
25 YEAR
Purchase/Construction
6.362%
20 YEAR
Purchase/Construction
5.598%
10 YEAR
Equipment
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:
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Business Entity Classified as Small Business
-
For-Profit Corporation, Partnership, LP, LLC or Proprietorship
Lending Limits:
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Up to 40% of Eligible 504 Project Costs
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$5 million for Typical Projects and $5.5 million for Qualifying Manufacturing & Energy Related Projects
Eligible Uses:
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Land Acquisition
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Building Construction & Renovations
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Building Purchase
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Leasehold Improvements
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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