This loan provides a maximum guaranteed loan amount of $750,000. Its uses include expansion and renovation, purchase of land or buildings, purchase of equipment or fixtures, and refinancing of debt for compelling reasons, as well as other uses. Eligible businesses must be for-profit and meet SBA size standards, show good character, credit, management, and ability to repay.
Other loan programs available through the SBA include the International Trade Loan, the Export Working Capital Program, the CAPLine Loans, the Delta Defense Loan, and the Pre-Qualification Loan.