Does Your Small Business Qualify for an SBA 504 Loan?

My business is a for-profit company My business is a for-profit company Yes No

Sorry! You are not Eligible if you are a Non-Profit Business

The proceeds of this loan will be to finance the acquisition or construction of fixed assets or refinance non-government guaranteed debt The proceeds of this loan will be to finance the acquisition or construction of fixed assets or refinance non-government guaranteed debt Yes No

Sorry! You are not Eligible if the loan is not going to finance the acquisition or construction of fixed assets or refinance non-government guaranteed debt

The Operating Company and all affiliates do not have a combined tangible net worth in excess of $15 million and do not have a combined average net income in excess of $5 million after taxes for the preceding two years The Operating Company and all affiliates do not have a combined tangible net worth in excess of $15 million and do not have a combined average net income in excess of $5 million after taxes for the preceding two years Yes No

Sorry! You are not Eligible if Your Net Income is too high

If my business is a franchise, the franchise model is listed on the SBA Franchise Directory (See link below) If my business is a franchise, the franchise model is listed on the SBA Franchise Directory (See link below) Yes No N/A

My business is not engaged in speculation or investment in rental real estate, including apartment buildings and/or mobile home parks My business is not engaged in speculation or investment in rental real estate, including apartment buildings and/or mobile home parks Yes No

My business will occupy at least 51% of the building being purchased, if an existing building; or for ground-up construction, the operating business must occupy 60% immediately, some additional within 3 years, and 80% within 10 years. My business will occupy at least 51% of the building being purchased, if an existing building; or for ground-up construction, the operating business must occupy 60% immediately, some additional within 3 years, and 80% within 10 years. Yes No N/A - Not Purchasing or Constructing a Building

Sorry! You are not Eligible if Your business is not going to occupy the majority of the building being purchased or constructed

At least 51% of the owners of this business are US Citizens or persons lawfully in the US At least 51% of the owners of this business are US Citizens or persons lawfully in the US Yes No

Sorry! You are not Eligible if at least 51% of the owners of this business are not US Citizens or persons unlawfully in the US

All business owners of 20% or more of the Operating Company (OC) or Eligible Passive Company (EPC) will guarantee the SBA debt. Each spouse with an ownership interest in the EPC or the OC will personally guarantee the loan in full when the combined ownership interest of both spouses in the EPC or the OC is 20% or more All business owners of 20% or more of the Operating Company (OC) or Eligible Passive Company (EPC) will guarantee the SBA debt. Each spouse with an ownership interest in the EPC or the OC will personally guarantee the loan in full when the combined ownership interest of both spouses in the EPC or the OC is 20% or more Yes No

Sorry! You are not Eligible if all business owners of 20% or more of the OC or EPC will not guarantee the SBA debt

None of the owners of this business have had prior losses with the US Government, including student loans, FHA or VA home loans None of the owners of this business have had prior losses with the US Government, including student loans, FHA or VA home loans Yes No

All business owners have good character with no previous or pending convictions, arrests, probations, bankruptcies or lawsuits. If no, a clearance may be obtained through SBA All business owners have good character with no previous or pending convictions, arrests, probations, bankruptcies or lawsuits. If no, a clearance may be obtained through SBA Yes No

Will the borrower create or retain at least 1 job per $75,000 (or per $120,000 for manufacturing) guaranteed by the SBA, improve the economy of the locality, or achieve one or more public policy goals? Please contact one of our team members to determine if you meet one of these public policy goals Will the borrower create or retain at least 1 job per $75,000 (or per $120,000 for manufacturing) guaranteed by the SBA, improve the economy of the locality, or achieve one or more public policy goals? Please contact one of our team members to determine if you meet one of these public policy goals Yes No