How big can the project be?

  • Total project cost may range from as low as $150,000 up to $12,000,000
  • There's no limit to the total project cost; however, a CDC generally can lend up to 40% of the total project cost with a dollar cap of $5,000,000.
  • Certain manufacturing businesses can go up to $5,500,000 for the 504/CDC portion of the loan.