SBA 504 Loan Program In USA

Monetary and technical help of as much as $5 million for small minority- and female-owned companies relocating or increasing within the Metropolis of Atlanta.
Sort
Gives monetary and technical help to small minority- and female-owned companies relocating or increasing within the Metropolis of Atlanta.

Quantity
As much as $5 million for job creation; $5.5 million for public coverage producers; $four million for NAICS Sector 31, 32 or 33 producers.

Construction
Non-public Financing - 50%
SBA Mortgage - 40%
Fairness - 10%
Phrases
10 or 20 years

Curiosity Charge
Primarily based on 10-year Treasury Word

Necessities
10% Fairness Injection

Eligible Areas
Citywide

Utility Price
Waived

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