NYBDC      Mission      Annual Reports      Board of Directors    & Shareholders      Regional Loan &    Advisory Committees   Empire State CDC: The 504 Company      Board of Directors   Statewide Zone Capital Corporation      Board of Directors    & Shareholders      Regional Loan &    Advisory Committees     The 504 Company   Empire State CDC: The 504 Company is a not-for-profit corporation established in 1981. The 504 Company is licensed by the U.S. Small Business Administration (SBA) to provide the SBA 504 Loan Program in New York State.   The 504 Company is a national leader in loan approvals for this program and the only certified development corporation that actively markets the program throughout New York State. This program is ideal for businesses with promising growth opportunities. The 504 Company, in partnership with lenders, can provide fixed-rate, low down payment financing for owner-occupied real estate and equipment.   504 Loan Amounts:  • Standard - $1.5 million  • Public Policy - $2.0 million  • Manufacturers - $4.0 million   If project meet specific SBA Public Policy criteria, including a minority-owned, woman-owned or veteran-owned business, or is located in a rural area, the public policy amount is applicable.   Highlights:  • Low down payment  • Preserves working capital  • Fully amortized loans  • Up to 90% financing  • Attractive fixed-interest rates  • No mortgage recording tax on the    504 loan  • Certain closing costs financed   Use of Funds:  • Land acquisitions and improvements  • Building acquisition and/or construction  • Machinery and equipment

New York Business Development Corporation  |  Empire State CDC: The 504 Company  |  Statewide Zone Capital Corporation  |  Corporate Headquarters: 50 Beaver St. Albany, NY 12207  |  1-800-9-BDC-504