SBA 504 Loan | Current Rate is:
6.285%

SBA 504 Loan
To Buy, Construct or Improve Commercial and Industrial Buildings.

Our Geographic Scope

Since 1978, AEDC has made loans to support local business and community endeavors. In 2015, an HSU student went through files as far as 1984 to gather a comprehensive list of loans made to date. From 1984, to June 30, 2019, AEDC has approved over $91 million in loans in our region. Of those over $71.7.1M have been business loans made directly or through partnerships (for example City of Arcata CDBG Small Business Loans underwritten and serviced by AEDC). The additional funds, about $17.3 million have been for community development projects like the Open Door Community Health Center, Arcata Fire Department, the Jefferson Project or the Eureka Rescue Mission. 

This map notes the commercial dollars loaned in AEDC's service area from 1984 through June 30, 2016. The site locations include city halls and county administrative offices or other facilities in which local business is done. It is simply a marker to represent the community. 

Cities that have had a minimum of five loans are colored red. Their totals represent the total number of loans specific to that city's zip code. If a city has fewer than five loans, the loans were compiled by county. Those are marked as blue. 

As an example, a loan made in Eureka is counted only in the Eureka city marker, not Humboldt County. A loan made in Willow Creek would be counted in Humboldt County because there are fewer than five loans in that community.

Arcata

$23,130,584 total loans to businesses and projects in Arcata. Of that, $20,393,584 have been for businesses; $2,750,000 have been for community development projects. This includes all loans in the 95521 zip code

Crescent City

$4,828,500 This includes all loans in the 95531 area code.

Del Norte County

$531,000 This includes all loans in Del Norte County that are in towns, cities and communities that have fewer than five loans.

Eureka

$23,406,4500 total loans to businesses and community development projects in Eureka Of that, $18,039,450 has been for business; $5,367,000 has been for community development projects. This includes all loans in the 95501 and 95503 zip codes.

Ferndale

$1,618,000 This includes all loans within the 95536 zip code.

Fort Bragg

$1,159,000 This includes all loans in the 95437 zip code.

Fortuna

$5,073,390.00 This includes all loans in the 95540 zip code

Humboldt County

$7,506,390 This includes all loans in Humboldt County that are in towns, cities and communities that have had fewer than five loans.

Lake County

$1,132,000 This includes all loans in Lake County that are in towns, cities and communities that have had fewer than five loans.

McKinleyville

$2,321,267 total loans to McKinleville. Of that, $1,571,267 have been for businesses; $750,000 have been for community development projects. This includes all loans in the 95519 Zip Code.

Mendocino County

$3,681,244 This includes all loans in Mendocino County that are in towns, cities and communities that have had fewer than five loans.

Siskiyou County

$40,000 This includes all loans in Siskiyou County that are in towns, cities and communities that have had fewer than five loans.

Trinidad

$472,800. This includes all loans in the 95570 zip code.

Trinity County

$1,383,000 This includes all loans in Trinity County that are in towns, cities and communities that have had fewer than five loans.

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