SBA 504 PROJECT PROFILE

      • NO MAXIMUM LIMIT TO PROJECT SIZE
      • MINIMUM 504 LOAN AMOUNT -$50,000
      • MAXIMUM 504 LOAN AMOUNT -$5,000,000
      • JOB CREATION OR RETENTION - 1 JOB PER $65,000* LOANED
      • OWNER OCCUPIED FACILITY - 51%, IF EXISTING
      • OWNER OCCUPIED FACILITY -60%, IN NEW CONSTRUCTION

        *EXCEPTION FOR MEETING PUBLIC POLICY GOALS

        SBA PUBLIC POLICY GOALS
        :
      • LOANS TO PROMOTE ECONOMIC GROWTH IN RURAL AREAS (20,000 OR LESS POPULATION)
      • LOANS FOR BUSINESS DISTRICT REVITALIZATION
      • LOANS TO MINORITY OWNED BUSINESSES
      • LOANS TO WOMEN OWNED BUSINESS
      • LOANS TO VETERAN OWNED BUSINESS
      • LOANS TO PROMOTE EXPANSION OF EXPORTS
      • LOANS TO FINANCE FEDERALLY MANDATED OSHA AND ENVIRONMENTAL CHANGES
      • LOANS TO ENHANCE BUSINESS PRODUCTIVITY AND COMPETITIVENESS THROUGH RETOOLING, ROBOTICS AND STATE OF THE ART FACILITIES
      • LOANS TO PROVIDE FINANCIAL ASSISTANCE TO BUSINESSES IN AREAS AFFECTED BY FEDERAL BUDGET REDUCTION