Eligibility for SBA 504 LoansĀ 

Some Things To Know…

  • Must be a for-profit business
  • Investment properties are not eligible
  • Must occupy 51% for real estate aquisitions
  • Must occupy 60% for new construction
  • Net worth less than $15 million
  • Average net income less than $5 million over the past two years
  • Business must be a legal entity: corporation, partnership, sole proprietor or limited liability company