APPRO and CERRON Blog

Now might be the right time to build or expand your manufacturing, commercial, or industrial facility in Minnesota. The 20-year averaged effective SBA 504 Rate has dropped!

Written by Kathy Morse | Aug 18, 2010 1:03:42 PM

According to the SBA (as published by SPEDCO – August 10, 2010), “the new SBA 504 interest rate is so low that even Tiger Woods is jealous: the 20-year averaged effective rate for the month of August is 4.931%! The 10-year averaged effective rate remains at 4.169% - these rates are all-time historic lows!”

Contact APPRO Development to learn more about financial planning for your commercial, industrial, or manufacturing project. As a design build general contractor, we can help with your expansion plans!