Comparison of the USDA Rural Development and U.S. Small ...
No guarantee–loan has a senior lender loan for 50% of the project, a SBA/CDC subordinate loan of 40%, and borrower equity of 10% (a ‘504’) SBA guarantees the debenture that funds the SBA/CDC loan Fee on the Guaranteed portion 3% fee on guaranteed portion of loan 1% fee on guaranteed portion of loan • 2% for loans of $125,000 to $150,000 ................
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