SBA 504 Loan Calculator - Get an Instant Estimate

All loan applications are considered on a case-by-case basis. SBA reviews the entire loan application to determine final eligibility and creditworthiness.

How to Use the SBA 504 Loan Calculator

To use our loan calculator, simply fill out the information below to the best of your ability. Enter your desired SBA loan amount along with the term to instantly see what your monthly payments could be.

* Standard 7% interest is used for bank loan estimates.

Loan Rates (as of March 2025)

10 Years:
as low as

6.34%

20 Years:
as low as

6.31%

25 Years:
as low as

6.24%

Loan Rates (as of March 2026)

25 Years:
as low as

5.72%

20 Years:
as low as

5.78%

10 Years:
as low as

5.61%

Estimate Your Monthly Payment

This tool gives you a snapshot of what the 504 program could do for your business. Reach out to one of our loan officers for a more detailed estimate based on your specific needs.

How to Apply for an SBA 504 Loan

After connecting with us directly or through your bank, we’ll help structure your financing package. Our expert loan officers will guide you through collecting the necessary documentation, including business financials, tax returns, and property information. We then handle all SBA paperwork and submission.

Is an SBA 504 Loan Right for Me?

An SBA 504 loan is ideal for small business owners looking to purchase real estate but want to preserve working capital for operations and growth. Businesses looking to upgrade from leasing to ownership or consolidate multiple locations into one facility find this program particularly valuable. SBA 504 loans offer what conventional loans rarely provide: low down payment requirements (as little as 10%) and long-term fixed rates up to 25 years, allowing you to preserve cash flow for daily operations while securing predictable financing costs.

Talk to one of our loan experts today to find the right solution for your needs

Or give one of our expert loan officers a call at 513-631-8292 for more info.

"We've worked with Alloy now for more than 10 years! From kickstarting our first brewery, financing the complexities of our new location in Oakley, and now helping us refinance and structure our business for long-term success, they've always been eager to support us. I find myself continually recommending them to friends, colleagues, and other businesses. "
Kenny McNutt
MadTree Brewing Partner, SBA 504 Loan Borrower

Notes About Eligibility

While the SBA 504 loan offers numerous advantages for small business owners, it’s essential to understand the eligibility requirements before proceeding with an application. Qualifying businesses must meet specific criteria established by the Small Business Administration:

  • Be based and operate in the United States or its territories
  • Qualify as a “small business” with tangible net worth under $20 million and average net profit below $6.5 million for the past two years
  • Use funds for qualified business expenses, primarily commercial real estate (which must be at least 51% owner-occupied), machinery, equipment, renovations, or construction
  • Contribute a minimum 10% down payment, ensuring the business has a stake in the project’s success and is invested in its growth goals (15-20% for startups or special-purpose buildings)
  • Demonstrate the ability to repay through financial statements and documentation, or through projections based on reasonable assumptions, as the SBA wants to ensure recipients can successfully manage their debts and grow their businesses

In some cases, SBA 504 loans can also be used to refinance existing debt. Businesses seeking refinancing loans must meet the following criteria:

  • Operational for at least two years.
  • Mortgage debt to be refinanced must be at least 6 months old.
  • The loan being refinanced must have been originally eligible for the SBA 504 program (at least 75% of the proceeds) and secured by the project property.
  • Recently expanded guidelines now allow loans to potentially be eligible for 504 refinance if the existing loan is an existing SBA 7(a) or SBA 504. An Alloy lender can help you determine if you qualify. 

Important Factors to Consider

Before applying for SBA 504 business loans, business owners should consider crucial factors such as:

  • Qualification Requirements: Does my business meet the requirements set forth by the SBA?
  • Financial Partner: What certified development company (CDC) should I work with? What qualities do I seek in a growth partner?

Why Choose Alloy Development Co.?

If you seek an economic development partner to grow your business, look to Alloy Commercial Capital. Our team has extensive experience in SBA lending and has helped finance over $1 billion in projects. As the largest SBA 504 lender in Ohio and Kentucky, we value our role as a certified development company. When you work with us, you’ll benefit from our passionate commitment to your ideas, your business, and your vision. Let us help you start the SBA 504 Loan process today, and contact us to learn more.

SBA 504 Loan FAQs

SBA 504 loans offer numerous advantages for small businesses, including competitive fixed interest rates, longer repayment terms (up to 25 years), and lower down payments than conventional bank loans.

Yes, existing businesses can benefit from SBA 504 loans if they meet the eligibility criteria. These loans can help businesses invest in new equipment, machinery, and real estate to expand their operations, improve productivity, and create new jobs.