SBA 504 Loan Programs

The SBA’s 504 Loan Program is designed especially to help small

businesses grow, you can use funds to:

* Purchase land.

* Purchase existing buildings.

* Purchase long-term machinery and equipment.

* Purchase improvements (including grading,

street improvements,  utilities, parking lots and landscaping).

* Build new facilities or modernize, renovate  existing facilities.

SBA 7(A) Loan Program

The 7(a) Program lets you get loan amounts (up to $5

million) to fund startup costs, buy equipment and more.

Here’s what else you can do with 7(a) funds:

* Purchase new land (including construction costs).

* Repair existing capital* Purchase or expand an existing

business.

*Refinance existing debt. * Purchase machinery, furniture,

fixtures, or supplies.

Non-7(a) Loans Microloans

Max. Loan Amount: 50,000.00

Can use for Working capital, supplies, machinery & equipment,

fixtures; etc. Intermediary may chose to refinance  debt.

Cannot be used for  real estate.