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Month: October 2015

SBA Upfront Fees drop 0.5%

October 8, 2015April 26, 2020mwsbf

Beginning October 1st, the SBA has lowered the upfront fees for 504 loans, saving borrowers money. For example, before the reduction a 504 loan with a total project cost of $1,000,000 would pay $17,000 in fees.  Now, that is reduced to $15,000 making it a great time to get a 504 loan.

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