SBA 504 Loans definition

SBA 504 Loans has the meaning set forth in the Recitals.
SBA 504 Loans has the meaning set forth in the preface above.

Examples of SBA 504 Loans in a sentence

  • Independent reviews of 504 Loans involve a sample of the SBA 504 Loans in OOC’s portfolio.

  • SBA 504 Loans are collateralized by commercial real estate and are generally made to business owners for the purpose of purchasing or improving real estate or equipment for use in their business.

  • Currently, there are approximately 217 CDCs authorized to participate in SBA’s 504 Loan Program with over $25 billion in total SBA 504 Loans under management.

  • Motion: Mike Phillips to approve the Kids World Child Enrichment Center loan request, as presented to the Board.Second: Mike Seppala Discussion: NoneAbstentions: Spencer Frederick Motion carried 504 Loan Program Update – BrandonBrandon then proposed an amendment to the approval process for SBA 504 Loans.

  • Below: Larry Lux of Shelby County Bank receiving an individual award for Most SBA 504 Loans Approved in 2010 Indiana Statewide Certified Development Corporation Permanent fixed-rate second mortgage financing for Trucks PlusWabash In participation withFirst Merchants BankWabash ISCDC managed by: Cambridge Capital Management Corp.Above: David Spade accepting award for the most loans approved by an institution on behalf of First Merchants Bank.Sales of new RVs sank as the economy struggled the past few years.

  • SBA 504 Loans – This loan program provides business financing through the Small Business Administration.

  • SBA 504 Loans are effectively small business Real Estate Loans.11 As this analysis does not take into account non-small business lending, nor does it try to factor in the indirect and induced economic benefits to increased small business lending, it seems likely that the actual effect on jobs in the state would be even greater.

  • The role of the CDC is to market, process, close and service SBA 504 Loans.

  • As of October 31, 2013, there are approximately 267 CDCs authorized to participate in SBA’s 504 Loan Program with over $28.8 billion in SBA 504 Loans under management.

  • Between Fiscal Years 2001 through 2013, SEM’s market share was 18% of the dollar amount of SBA 504 Loans approved in Michigan.

Related to SBA 504 Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Revolving Loans as defined in Section 2.4(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.