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NO MAXIMUM LIMIT TO PROJECT SIZE
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MINIMUM 504 LOAN AMOUNT -$50,000
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MAXIMUM 504 LOAN AMOUNT -$5,000,000
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JOB CREATION OR RETENTION - 1 JOB PER $65,000* LOANED
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OWNER OCCUPIED FACILITY - 51%, IF EXISTING
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OWNER OCCUPIED FACILITY -60%, IN NEW CONSTRUCTION
*EXCEPTION FOR MEETING PUBLIC POLICY GOALS
SBA PUBLIC POLICY GOALS:
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LOANS TO PROMOTE ECONOMIC GROWTH IN RURAL AREAS (20,000 OR LESS POPULATION)
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LOANS FOR BUSINESS DISTRICT REVITALIZATION
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LOANS TO MINORITY OWNED BUSINESSES
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LOANS TO WOMEN OWNED BUSINESS
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LOANS TO VETERAN OWNED BUSINESS
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LOANS TO PROMOTE EXPANSION OF EXPORTS
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LOANS TO FINANCE FEDERALLY MANDATED OSHA AND ENVIRONMENTAL CHANGES
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LOANS TO ENHANCE BUSINESS PRODUCTIVITY AND COMPETITIVENESS THROUGH RETOOLING, ROBOTICS AND STATE OF THE ART FACILITIES
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LOANS TO PROVIDE FINANCIAL ASSISTANCE TO BUSINESSES IN AREAS AFFECTED BY FEDERAL BUDGET REDUCTION