SBA Loan Information

SBA 7(a) Loan Program

Business Acquisition, Real Estate, Equipment, Expansion, Inventory, Leasehold Improvements, Debt Refinance, Working Capital

Term Loan

Up to $5,000,000

Real Estate: 25 years
Equipment & Refiance: 10 years
Working Capital: 7-10 years

85% for loans $150,000 or less, and 75% for loans over $150,000

SBA 504 Program

Real Estate and Equipment

Term Loan

Up to $10,000,000

Real Estate: 20 years
Equipment: 10 years

50% bank loan, 40% SBA, 10% borrower equity

SBA Express Loan

Working Capital

Term or Line of credit

Up to $350,000

Up to 7 years

50%