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Housatonic Industrial Development Corp. • 57 North Street, Suite 407 • Danbury CT 06810
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About HIDC
Housatonic Industrial Development Corp. (HIDC) mission is to help Connecticut’s small businesses grow, create or retain jobs and achieve economic development goals within the state.
For more than 45 years, HIDC has been a leading resource to Connecticut’s small businesses through the creation and administration of long-term fixed rate financing.
SBA 504 Loan Program
HIDC would be pleased to accept speaking arrangements to provide additional information to your business organization.
The SBA 504 Loan Program works with lenders to provide up to 90% long- term, fixed-rate financing for small-to-medium sized businesses that retain and/or create employment opportunities.
- Eligible Businesses
- Use Of Loan Proceeds
- Program Benefits
- Loan Terms And Conditions
Current Loan Rates
Below are the 25 and 20 year effective rates for HIDC assisted loans.
Jun 2021 2.887 25 year
2.770 20 year
May 2021 2.936 25 year
2.849 20 year
Apr 2021 3.077 25 year
3.021 20 year
Mar 2021 3.048 25 year
3.002 20 year
Feb 2021 2.602 25 year
2.558 20 year
Jan 2021 2.540 25 year
2.496 20 year
Dec 2020 2.471 25 year
2.427 20 year
.