• Learn about our available SBA small business loans with our SBA loan reference guide
  • Low down payment (typically 10%) options
  • $5,000,000 maximum; $5,500,000 maximum for small manufacturers
Apply For An SBA Loan

Connect with a commercial loan officer to start the application process for your SBA loan.

Additional SBA 504 Loan Benefits

What can you use an SBA loan for?

SBA loans are a form of small business loan, backed by the US government, that can be used to pay for a range of expenses for any new business, including: 

  • The purchase of land and building
  • The purchase of land and land improvements (like grading, utilities, parking and landscaping)
  • The construction, renovations, additions or improvements to building
  • Furniture and fixtures
  • The purchase of machinery
  • Refinancing debt in connection with an expansion of the business
Who is eligible for an SBA loan?

The SBA (504) Program is available to “for-profit” businesses with a tangible net worth not to exceed $15 million and yearly net profit after taxes not to exceed $5 million in the last two years. Owner occupied 51% for existing or 60% for new construction.

What are the terms for an SBA loan?
  • Take advantage of longer fixed rate terms
  • Consumers typically loans 50% of the amount borrowed
  • The CDC extends 40% of the financing guaranteed by the SBA
Business Member Spotlight Can-Do Kitchen
Can-Do Kitchen logo

This business incubator helps entrepreneurs produce, package and market food products in an industry that’s notoriously competitive—especially for those who face racial and social barriers.

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