SBA 7(a) Standard Loan – Up to $5 million for:
SBA 7(a) Standard Loan – Up to $5 million for:
SBA 504 Loan – Must be used for fixed assets (and certain soft costs), including:
504 Loans are typically structured with SBA providing 40% of the total project costs, a participating lender covering up to 50% of the total project costs, and the borrower contributing 10% of the project costs. Under certain circumstances, a borrower may be required to contribute up to 20% of the total project costs.
SBA 7(a) Community Advantage Loan – Up to $250,000 for:
SBA Micro Loan – Up to $50,000 for: