The 504 Objective is to achieve community economic development through job creation and retention by providing long term fixed asset financing to small business concerns.

The SBA 504 program is a cooperative effort between ELCDC, the SBA and private sector lenders (i.e., banks and some non-bank lenders), as well as the small business concern.

ELCDC Loan Application

SBA 504 Loan Application

To view a chart that details the basic 504 structure, click here.