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What if the borrowers project is already underway, can the borrower swith to the 504 loan program?

April 26, 2017borrower loan program project swith underway

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What if the borrowers project is already underway, can the borrower swith to the 504 loan program?

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There is a nine month look back provision in the 504 loan program. Any expenses that have occured in the past nine monthe can be included in the project.