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September 2009 Headlines |
September's 20-year fixed interest rate is 5.1 percent.
The Goddard School opened its newest St. Louis area location with a loan from the Business Finance Corporation.
Time is running out on an opportunity to access fee-free business loans that are guaranteed up to 90 percent. Read more of this Wall Street Journal Small Business report.
You could win attractive gift cards for area stores, restaurants and even hotels. Learn how you could be next month's big winner.
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 Monthly Rate and Benefits
 September's SBA 504 rate is 5.1 percent for a 20-year fixed term and 4.2 percent for a 10-year fixed term. Both are "all-in rates" and include fees.
In addition to competitive rates, the SBA 504 offers many benefits:
- Low fixed interest rates
- Long-term financing (10 or 20 years)
- Low down payment (10 to 20 percent)
- Ability to finance soft costs/contingencies
- Mitigation of credit risk
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| SBA 504: A Resource for The Goddard School
Total project amount: $2,244,600
504 debenture amount: $711,000
Participating bank: Pulaski Bank
Bank contact: Mark Greenley
In February 2009, the Goddard School received SBA approval for a construction loan to build a new school in Wentzville, MO. The school, which opened July 20, 2009, has a current enrollment of 60 children.
The Goddard School is a fully licensed childcare facility for children ages six weeks to six years. It administers planned educational programs that meet the social, emotional, cognitive, and physical needs of each child. Entrepreneur magazine recognized the Goddard School as the number one childcare franchise in the United States for the seventh consecutive year. Click here to learn more about this project.
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