TYPICAL SBA 504 LOAN-$1,000,000 PROJECT LOAN PARTICIPANTS SMALL BUSINESS CONCERN (10%*) THIRD PARTY LENDER (50%) CENTRAL TEXAS CDC (30-40%*)  *HIGHER EQUITY INJECTION BY THE SMALL BUSINESS CONCERN OF 15-20% MAY BE REQUIRED FOR CERTAIN PROJECTS SUCH AS START-UPS AND/OR SPECIAL PURPOSE OR LIMITED USE BUILDINGS   LOAN STRUCTURE PARTICIPANT     $ AMOUNT        % OF PROJECT        COLLATERAL BORROWER        $  100,000                   10%     LENDER               $  500,000                   50%*                 FIRST LIEN CTCDC                 $  400,000                   40%**                SECOND LIEN TOTAL                  $1,000,000                 100% *Lender's 50% participation is structured on terms consistent with their lending policy for similar type conventional loans, with the exception that the lender's maturity must be at least 7 years for 10 year 504 loans, and 10 years for 20 year 504 loans.  Lender's interest rate may be floating or adjustable for the life of their loan. **CTCDC's 40% participation is structured with a fixed interest rate for the 10 or 20 year term of the 504 loan.  CTCDC's 504 Debenture Loan interest rate is set at the time the Debentures are sold in the capital market.  504 Debenture rates are priced off the 10 year U.S. Treasury rates for 20 year debentures, and the 5 year U.S. Treasury rates for 10 year debentures.