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SBA 504 Debenture Program
SBA 504 Debenture is designed for businesses seeking 10 or 20 year fixed rates of interest for major building or equipment projects. The 504 Debenture is limited to $1 million (up to $1.3 million in certain cases) or up to 40% of the fixed asset project cost, whichever is less. The SBA 504 will fund the purchase of land, buildings, renovation, equipment and soft costs associated with any construction. Businesses must be for profit and fall within SBA size standards. Working capital and passive real estate projects do not qualify.
MEDC collaborates with Wisconsin Business Development (www.wbd.org) for loan structuring and submission:
Wisconsin Business Development
W229 N1433 Westwood Drive
Suite 206
Waukesha, WI 53186
(262) 970-8533
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