Posts tagged SBA 504 Maximum
What Is the SBA 504 Loan Application Process?

The SBA 504 loan application process is actually relatively simple. Before applying, however, borrowers should make sure that they meet the eligibility requirements for 504 loans. Other steps include finding a CDC as well as choosing the lender that will contribute the other part of your loan proceeds.

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What Is the SBA 504 Maximum Loan Amount?

The SBA 504 maximum loan amount is currently set at $5 million in lifetime dollars. However, if your business is a small manufacturer, you can borrow up to $5.5 million in lifetime dollars. It should also be noted that if you decide to embark on energy-related projects that fall under the “go green” heading, you can borrow substantially more. While all projects are capped at $5 million, you can ultimately borrow up to $16.5 million in lifetime dollars.

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