SBA 504 Loan Program In USA

Financial and technical assistance of up to $5 million for small minority- and female-owned businesses relocating or expanding in the City of Atlanta.
Type
Offers financial and technical assistance to small minority- and female-owned businesses relocating or expanding in the City of Atlanta.

Amount
Up to $5 million for job creation; $5.5 million for public policy manufacturers; $4 million for NAICS Sector 31, 32 or 33 manufacturers.

Structure
Private Financing - 50%
SBA Loan - 40%
Equity - 10%
Terms
10 or 20 years

Interest Rate
Based on 10-year Treasury Note

Requirements
10% Equity Injection

Eligible Areas
Citywide

Application Fee
Waived