to contact us:

Black Hawk Economic Development, Inc

3835 W 9th Street
Waterloo, Iowa 50702

Ph: 319-235-2960
Fax: 319-235-9171


Financial Assistance Programs:

  • SBA 504 Program
  • Revolving Fund Program
  • Intermediary Relending Program

 504 Rate Information

Loan Type
10-Year (July 2014)
20-Year (August 2014)

Current Rate
4.510 %
4.960 %

10 and 20 Year rates based upon borrower fee of .0.9375%

Other rate information


The SBA 504 Program long awaited refinance rules are out.  Please note there are additional rules in terms of eligibility, the amount of refinancing, which loans can be refinanced, etc.  For more information, please click on the link below.

504 Refinancing Rules

Financial assistance programs vary by the service territory, and are designed to stand-alone or to compliment other state or local economic assistance or incentive programs.

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