NTCDC is one of the most experienced CDC’s in Texas with over 100 years of combined 504 lending experience.


Your 504 project is as important to NTCDC as it is to you.


See stories of ongoing success stories of businesses who have received 504 loans from NTCDC.

Don't just take it from us. Take a look at some of our success stories.

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Father and son duo, Steve and Ian Vaughn combined their passions and created Lava Cantina, a live music venue and restaurant in The Colony. The venue can host over 1,000 people for live shows. Steve worked in the music industry for over 40 years, and Ian left his position at Raising Cane’s as the Chief … Continue reading “Lava Cantina”

Joe Chandler and Alfredo “Freddie” Alejandro are partners operating Independent Pipe Services. The two of them worked together 13 years for a pipe manufacturing company before they had the opportunity to buy an existing pipe business in June of 2013. Their business was growing and operating smoothly before the oil crash in 2015. Most of … Continue reading “Independent Pipe”

Sean Sawyer and his team create modern muscle cars using the shells of your favorite classic cars, then designing the vehicle systems as they build the car. He had done some research on the SBA loan programs and spoke with his banker about the options. They decided the SBA 504 loan would best serve his … Continue reading “Revved Auto Concepts”

Mystic Quarry just celebrated their opening in style with a Grand Opening Party over the weekend of May 19th. Mystic Quarry utilized the SBA 504 Loan program to purchase an existing RV Park. The 504 also included major renovations to develop a unique and modern campground, RV park and resort near the Guadalupe River and … Continue reading “Mystic Quarry”

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The Loan Calculator

This loan calculator is a guide to help you understand how the SBA 504 loan can help you and your business secure SBA 504 financing. Please fill in all fields – No commas needed.

Land (Land and Existing Building) Lender Interest Rate
Building (Land and New Construction) CDC Interest Rate
Machinery/Equipment Are You a Start-Up Business?
(in business 2 years or less)
Professional Fees (Architect/Engineering) Is Project a Single-Purpose Facility?
Contingency (10% of Construction Costs) Loan Terms:
Interest on Interim Loan    
Other Expenses  

Loan Payment Schedule

Source Amount % of Total Interest Rate Monthly Payment
Bank Loan
SBA 504 Loan
Down Payment N/A N/A
Totals N/A

Disclaimer : This loan calculator is made available to you as a self-help tool for your independent use. North Texas CDC does not guarantee its accuracy or applicability to your circumstances. This tool is not intended to provide investment, legal, tax, or accounting advice. All examples are hypothetical and for illustrative purpose only. You may wish to consult your financial institution or financial advisor for additional information and advice. All loans would be subject to approval and credit terms may vary.