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Current 504 loan interest rate 6. 041 SBA 504 loans in PA The smart way to finance your business dreams Empowering your business success 504 loans with low down low fixed rates and no balloon payments. The Northeastern Economic Development Company of Pennsylvania is a nonprofit organization focused on advancing the economic growth of communities in the region. Its primary tool for achieving this goal is the SBA 504 Loan Program which helps small businesses secure financing for fixedasset projects.