The SBA does not provide monthly 504 loan statements or a coupon book. You have the convenience of checking your 504 loan balance anytime using the amortization schedule that was provided in your Welcome Package at loan funding. This schedule provides a detailed breakdown of your monthly payment throughout the entire duration of your loan, and can be provided to your accountant. 

If you need further assistance, or need another copy of your Amortization Schedule, please email your request to servicing@cpcdc.com.

Please include your name, business name, loan number and phone number in your email.

Loan payments are due on the first business day of every month and are required to be paid by ACH (Automated Clearing House). Late fees are applied if the payment is received after the 15th of the month.

Computershare is the institution who will be listed on your account for all ACH payments. However, the CDC is responsible for all servicing questions related to your account.

Capital Partners receives the Annual Statements and 1098s at the end of January. If your loan is in a personal name, the 1098 is mailed directly from SBA to the address on file and should be received by mid to late February. For the End of Year Annual Statement, please contact Servicing and the Annual Statement will be emailed to you.
Email your request to: Servicing@cpcdc.com

On the second anniversary of your loan funding, Capital Partners will send you a Jobs form by email to be completed. SBA uses job creation and retention data from all SBA 504 borrowers to demonstrate the effectiveness, economic development, and job creation success of the program to Congress. Please return promptly, as Capital Partners must submit this information to the SBA on an annual basis.

If your 2-year anniversary has passed, and your designated contact person has not received this request, please contact Servicing@cpcdc.com and let us know, as your request may have gone to your spam folder.

The Prepayment Premium Schedule is included in your Welcome Package at 504 loan funding.

504 loans with a 20 or 25-year term will have a re-purchase premium (RP) during the first ten years of the loan. This is a declining premium, 10% annually, that is calculated based on the year of the loan, remaining balance, and interest rate. For example, if a debenture is repurchased in year 5, the repurchase premium would be as follows: RP = Balance x (Note Rate x .50). Similarly, the 10-year loan has a repurchase premium for the first five years, and a declining penalty of 20% annually.

Very often, borrowers will choose to pay down the First Mortgage Loan faster or earlier, because in many cases it has a higher interest rate and/or no prepayment penalty.  

If you need another copy of your Prepayment Premium Schedule
Please email Servicing@cpcdc.com
Please include your name, business name, loan number and phone number in your email.

Clients often have a variety of servicing requests on their loan.

Please email Servicing@cpcdc.com with any servicing requests that you may have on your loan.

Please include your name, business name, loan number and phone number in your email.

Or contact Brian at 404.475.6003 or Tracy at 404.475.6019 with your request.

Yes, if your choose to sell your building, a qualified buyer may be able to assume your 504 loan. In this instance, because the loan is not being prepaid, the prepayment premium will not apply.

For further information please contact Servicing@cpcdc.com.

We are excited to say YES! Under new regulations, 504 loans may now be used to refinance federally guaranteed loans, including existing 504 loans and 7(a) loans. There are certain qualifications required to refinance the loan, but it is a great option to consider prior to refinancing with another lender.

Please contact the Servicing Department at Servicing@cpcdc.com to be forwarded to our Business Development Officer.

Your 504 Note Rate and Effective Rate (including servicing fees) was provided in your Welcome Package after your loan funded. To request another copy of your Welcome Package, please email servicing@cpcdc.com. Please include your name, business name, loan number and phone number in your email.