June 2021 Interest Rate

504 loan rate: 2.770%

Our non-profit development company, certified by the U.S. Small Business Administration (SBA), serves as a bridge between local lenders and companies that are seeking commercial real estate financing. 

Over the past 37 years, the Texas Panhandle Regional Development Corporation (TPRDC) has:

Created and / or retained

2,769 JOBS

in the Amarillo area

Originated 236 loans worth

$98.4 million

to small businesses

The U.S. Small Business Administration’s 504 Loan Program enables expanding businesses or start-ups to secure long-term, fixed-rate financing for major fixed assets, such as land, buildings, and/or long-term equipment through loans made by the TPRDC. 

A typical TPRDC project through the Small Business Administration 504 Loan Program entails a bank loan secured by a first lien covering 50% of a project’s cost. Then the TPRDC covers up to the remaining 40 percent of the cost, and the borrower injects a minimum of 10%. In addition to minimizing your financial burden and enabling you to grow, other advantages include:

 

cash-flow

Enhanced cash flow

low-down

Low down payment

long-term

Long-term financing at low, fixed interest rates

fixed

Fixed monthly payments

Contact us for more details and support in completing your successful application for funding.

 

AVAILABLE RESOURCES

micro

Micro-Loan Program

VIEW NOW
TPRDC_504loan_cover

SBA 504 Loan Program

VIEW NOW
sba-debt

SBA Debt Refinancing

VIEW NOW
irs-4506

IRS 4506

VIEW NOW
irs-w9

IRS W-9

VIEW NOW
sba413

SBA Form 413

VIEW NOW
sba912

SBA Form 912

VIEW NOW
schedule-of-previous

Schedule of Previous Government Financing

VIEW NOW
schedule-payoff

Schedule of Notes Payable

VIEW NOW