"Without the enticement
of a below-market interest rate and 90% financing, we may
not have even considered our project. The 504 Loan Program
allowed us to expand our operation with minimum commitment
in valuable working capital."
- Mike Rice, General Manager of Central Coast Water Treatment
What are Eligible Costs?
Purchase of land and buildings
Building expansion and remodeling
New construction
Machinery and equipment (long useful
life)
Soft costs such as interim interest during
construction, attorney, accountant, architect, appraisal
fees, and title insurance, etc.
