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 the business is a franchise or has dealer agreements, the borrower will forward a copy of the franchise and/or dealer agreements to the CDC for review and acceptance. If the business is a franchise or has dealer agreements, the borrower will forward a copy of the franchise and/or dealer agreements to the CDC for review and acceptance. 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

100% of the owners of this business are US Citizens or persons lawfully in the US 100% 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) must guaranty the SBA debt. Each spouse owning 5% or more of the OC or EPC must guarantee the loan when the combined ownership interest of both spouses is 20% or more. All business owners of 20% or more of the Operating Company (OC) or Eligible Passive Company (EPC) must guaranty the SBA debt. Each spouse owning 5% or more of the OC or EPC must guarantee the loan when the combined ownership interest of both spouses 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 pending charges or convictions, and are not currently on probation (lease consult with your NWBDA representative if there are previous convictions, arrests, bankruptcies or lawsuits within the past 10 years). All business owners have good character with no pending charges or convictions, and are not currently on probation (lease consult with your NWBDA representative if there are previous convictions, arrests, bankruptcies or lawsuits within the past 10 years). Yes No

Will the borrower provide a benefit of at least 1 job per every $90,000 of project debenture (140,000 for energy projects and manufactures)? Please contact one of our team members to determine if you meet one of these public policy goals Will the borrower provide a benefit of at least 1 job per every $90,000 of project debenture (140,000 for energy projects and manufactures)? Please contact one of our team members to determine if you meet one of these public policy goals Yes No