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Sample
Transaction |
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504 Source, Uses and
Debenture Issuance Costs |
| Public Policy Company?
(Y/N) |
Y |
Gross Debenture Cap
for Nonpublic Policy Co. |
$1,500,000 |
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Gross Debenture Cap for Public Policy
Co. |
$2,000,000 |
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Gross Debenture Cap for Small Manufacturer
Co. |
$4,000,000 |
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| Source of Funds |
Uses of
Funds |
| |
Dollar Request |
% Project Cost |
|
Amount Requested |
% Project Cost |
| A. Net SBA Debenture (VIII.A.) |
$892,500 |
35.00% |
A. Land (and purchase of existing building, if
applicable) |
$2,450,000 |
96.08% |
| B. Private Sector |
$1,275,000 |
50.00% |
B. Building (new construction, remodeling, L/H
improvement |
$25,000 |
0.98% |
| C. Other Financing |
$255,000 |
10.00% |
C. Machinery and Equipment (purchase, installation,
etc.) |
$0 |
0.00% |
| D. Borrower Injection |
$127,500 |
5.00% |
D. Professional Fees (appraiser, architect, legal,
etc.) |
$50,000 |
1.96% |
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E. Other Expenses (contingency, interest, etc.) |
$25,000 |
0.98% |
| Total Project Financing |
$3, 865,000 |
100.00% |
Total Project Cost
(Not Including 504-related fees) |
$2,550,000 |
100.00% |
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| Debenture Pricing |
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Comments |
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| A. SBA Share of Project Cost |
$892,500 |
35.00% |
The
assumption is that the total project cost includes
direct closing costs such as document stamps,
intangibles tax, etc. However, if these costs
are ommitted from the total project cost, (choice
made by the borrower / creditor) then the total
cash out-of-pocket at closing for the borrower
will increase accordingly.
The information herein has
been obtained from sources which we believe to
be reliable, but we do not guarantee its accuracy
or completeness. IDS Corporation, June 2005. All
Rights Reserved. |
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| B. Administrative Costs |
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Rate |
| 1. Administrative Costs |
$4,463 |
0.50% |
| 2. Funding Fee |
$2,231 |
0.25% |
| 3. CDC Processing Fee |
$13,388 |
1.50% |
| 4. Closing Costs |
$2,500 |
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| Subtotal |
$22,581 |
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Term in Years |
| 5. Underwriters Fee |
$3,676 |
20 |
Total Administrative
Costs |
$26,257 |
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| C. Total Debenture Amount (A plus B rounded
up to next ‘000) |
$919,000 |
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| D. Balance to Borrower (C minus (A+B8)) |
$243 |
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