What is eligible for an SBA 504 Loan?
An SBA 504 loan can be used to purchase commercial buildings, equipment and land. To see a full list of eligible project costs click here
What types of businesses are not eligible for SBA 504 financing?
The SBA has a determined that a variety of businesses are not eligible for financing. To see a full list click here
What is considered a special-use facility?
A special-use building requires an additional 5% down payment. For a comprehensive list of special-use facilities please click here
What are the appraisal requirements?
Projects over $250,000 require an appraisal report. For SBA requirements and regulations click here
What are the fees for an SBA 504 loan?
The SBA fees are about 2.75% of the SBA portion of the project. Click here for details.