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SBA 504 Loans
June 1, 2023 @ 12:00 pm - 1:00 pm
Grab your lunch and join us the to learn more about the SBA 504 Loan program and network with other small business owners.
The 504 Loan Program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
504 loans are available through Certified Development Companies (CDCs), SBA’s community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by the SBA.
To be eligible for a 504 loan, your business must:
Operate as a for-profit company in the United States or its possessions
Have a tangible net worth of less than $15 million
Have an average net income of less than $5 million after federal income taxes for the two years preceding your application