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1 sie 2023 · WASHINGTON – On August 1, the U.S. Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 Loan Programs. Today’s loan program updates build on Administrator Isabella Casillas Guzman’s previous announcements that address ...
- Loans
Loans guaranteed by SBA range from small to large and can be...
- Loans
24 paź 2024 · Since 2020, the most dramatic trend in the SBA’s capital programs has been the outsized growth in loans to Black-, Latino-, and women-owned businesses. In FY 2024, across its signature 7(a) and 504 loan programs, the SBA backed: 5,200 loans for $1.5 billion to Black-owned businesses, a tripling of loan count relative to FY20.
Loans guaranteed by SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital. Some loan programs set restrictions on how you can use the funds, so check with an SBA-approved lender when requesting a loan.
Increasing the maximum loan size of 504 loans up to $5.5 million will help small businesses grow and expand their payrolls by supporting real estate purchases. And increasing the maximum loan size of SBA microloans from $35,000 to $50,000 will give a boost to start-ups and other smaller businesses.
The SBA has more than doubled the maximum loan size for its largest programs, permanently raising the maximum 7(a) and 504 loans from $2 million to $5 million, and the maximum 504 manufacturing loan to $5.5 million.
5 lut 2010 · The Administration is proposing legislation to temporarily allow for the refinancing of owner-occupied commercial real estate (CRE) loans under the SBA's 504 program, which provides guarantees on loans for the development of real estate and other fixed assets.
21 paź 2009 · Increasing the maximum loan size of 504 loans up to $5.5 million will help small businesses grow and expand their payrolls by supporting real estate purchases. And increasing the maximum loan size of SBA microloans from $35,000 to $50,000 will give a boost to start-ups and other smaller businesses.
