504 Corporation is a non-profit organization certified by the U.S. Small Business Administration (SBA) to provide financial assistance to small businesses. As an SBA Certified Development Company, 504 Corporation works with SBA and lenders to deliver the 504 loan program to small businesses. The staff assists business with identifying other sources of funding for their financing needs that do not fit into the 504 loan program and what organization can assist. These financing sources include local, state, and federal programs.
The 504 loan program’s primary goal is to create and retain jobs. In addition to job creation, the program helps to increase the real estate tax base, expand manufacturers, expand rural economies, and assist women, minority, and veteran owned businesses. As a result, the 504 program is focused on growing and promoting economic growth of every community throughout the country.
To better serve our customers, the corporate headquarters is located in Rochester, MN with a satellite office in Mankato. Our service area includes the state of Minnesota and the Wisconsin counties of St. Croix, Pierce, Pepin, Buffalo, Trempealeau, and La Crosse.