Historic Legislation Enacted in Response to Covid-19 Crisis

The CARES Act automatically provides up to 6 months of loan payments (inclusive of principal, interest, and fees) for all existing SBA 504 loans. This debt relief is also available for new 504 loans that fund by September, 2020.


Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the March, 2020 funding.

We have compiled a comprehensive comparison chart of economic relief programs for Federal, State (Minnesota), and Municipal (Minneapolis and Saint Paul) programs. It is available on our home page: 504lending.com

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Contact Us

Our loan officers listed below can be reached at 651.481.8081 or toll-free at 1.888.481.4504.

Debby Gustafson, ext.34 debby.gustafson@tcmcdc.com
Angie Way, ext. 18 angie.way@tcmcdc.com
Sheil Nelson, ext.16 sheil.nelson@tcmcdc.com
Rachel Edgar, ext. 25 rachel.edgar@tcmcdc.comMike Kinderman, ext. 32 mike.kinderman@tcmcdc.com 
Heidi Pautsch, ext. 14 heidi.pautsch@tcmcdc.com

About Us
TCM has been a leader in SBA 504 financing since its inception in 1990. TCM provides SBA 504 lending throughout the state of Minnesota and select counties in Wisconsin including Polk, Barron, St. Croix, Dunn, Pierce, Pepin, Buffalo, Treapealeau, and LaCrosse. For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.