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    SBA Loan Product Matrix

    Uploaded by

    ed_nyc
    The document summarizes various SBA loan programs for small businesses. It provides information on eligible use of funds, industries, loan types, amounts, terms, rates, collateral requirements and loan-to-value ratios for the following programs: SBA 7(a) Real Estate; SBA 504 Loan Program; SBA 7(a) Pari Passu; SBA 7(a) Business Loans; and SBA Express. The loans can be used for purposes like commercial real estate purchase, construction or refinance, business acquisition, equipment, working capital and more. Eligible industries include most, except non-profits. Loan amounts range from $25,000 to $11.25 million with terms of 7

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    SBA Loan Product Matrix

    Uploaded by

    ed_nyc
    465 views1 page
    The document summarizes various SBA loan programs for small businesses. It provides information on eligible use of funds, industries, loan types, amounts, terms, rates, collateral requirements and loan-to-value ratios for the following programs: SBA 7(a) Real Estate; SBA 504 Loan Program; SBA 7(a) Pari Passu; SBA 7(a) Business Loans; and SBA Express. The loans can be used for purposes like commercial real estate purchase, construction or refinance, business acquisition, equipment, working capital and more. Eligible industries include most, except non-profits. Loan amounts range from $25,000 to $11.25 million with terms of 7

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    US Bank

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    The document summarizes various SBA loan programs for small businesses. It provides information on eligible use of funds, industries, loan types, amounts, terms, rates, collateral requirements and loan-to-value ratios for the following programs: SBA 7(a) Real Estate; SBA 504 Loan Program; SBA 7(a) Pari Passu; SBA 7(a) Business Loans; and SBA Express. The loans can be used for purposes like commercial real estate purchase, construction or refinance, business acquisition, equipment, working capital and more. Eligible industries include most, except non-profits. Loan amounts range from $25,000 to $11.25 million with terms of 7

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    465 views1 page

    SBA Loan Product Matrix

    Uploaded by

    ed_nyc
    The document summarizes various SBA loan programs for small businesses. It provides information on eligible use of funds, industries, loan types, amounts, terms, rates, collateral requirements and loan-to-value ratios for the following programs: SBA 7(a) Real Estate; SBA 504 Loan Program; SBA 7(a) Pari Passu; SBA 7(a) Business Loans; and SBA Express. The loans can be used for purposes like commercial real estate purchase, construction or refinance, business acquisition, equipment, working capital and more. Eligible industries include most, except non-profits. Loan amounts range from $25,000 to $11.25 million with terms of 7

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    SBA Loan Solutions For Small Business

    SBA 7(a) Real Estate

    SBA 504 Loan Program

    Use of Funds:

    Owner-user commercial real estate


    purchase, refinance or construction

    To purchase or construct owner-user


    commercial real estate

    Owner-user commercial real estate


    purchase, refinance or construction

    Business acquisition, startup,


    equipment, debt refinance,
    working capital, inventory, tenant
    improvement, partner buyout

    Business acquisition, equipment, debt


    refinance, working capital, inventory,
    tenant improvement, partner buyout,
    newly established businesses

    Industries:

    Most industries qualify, no non-profits

    Most industries qualify, no non-profits

    Most industries qualify, no non-profits

    Most industries qualify, no non-profits

    Most industries qualify, no non-profits

    Loan Types:

    Term loans

    Term loans

    Term loans

    Term loans

    Term loans or lines of credit

    Loan Amount:

    Up to $5 million*

    Up to $11.25 million for most


    industries, higher for qualified
    manufacturing firms*

    Up to $7 million*
    Loan #1 Up to $5 million
    SBA guaranteed
    Loan #2 Up to $2 million
    U.S. Bank direct

    Up to $5 million*

    $25,000 to $350,000*

    Interest Rate:

    Rates based on LIBOR and WSJ Prime

    Rates based on LIBOR and WSJ Prime

    Rates based on LIBOR and WSJ Prime

    Rates based on LIBOR and WSJ Prime

    Variable and fixed rates available

    Term:

    Up to 25 years

    Real Estate:
    Lender Loan Typically 25 years
    CDC Loan Typically 20 years
    Equipment: 10 years

    Up to 25 years

    10 years Business acquisition,


    equipment, tenant improvement
    7 years Working capital, inventory
    Up to 10 years Debt refinance

    7 year term (3 year draw period)

    Amortization:

    Fully amortized, no balloon payments

    Typically 25 years on 1st position


    20 years on the long-term (CDC) portion

    Fully amortized, no balloon payments

    Fully amortized, no balloon payments

    Fully amortized, no balloon payments

    Prepayment
    Penalty:

    5% - 1st year
    3% - 2nd year
    1% - 3rd year

    Prepayment applies

    1st Loan: 5% - 1st year,


    3% - 2nd year, 1% - 3rd year
    2nd Loan: Prepayment applies

    None

    None

    Collateral:

    Subject property
    Additional collateral may be required

    U.S. Bank Loan 1st mortgage on


    property being financed
    CDC Loan 2nd mortgage on
    business real estate

    Subject property
    Additional collateral may be required

    Available collateral

    All business assets. Real estate may


    be required

    LTV/Advance
    Rates:

    LTV: Up to 90%

    LTV: Up to 90%

    LTV: Up to 90%

    Advance Rate:
    75% - Startup
    85% - Business acquisition
    90% - Equipment
    100% - Debt refinance, inventory,
    working capital, partner buyout

    Advance Rate:
    75% - Business acquisition,
    partner buyout, inventory,
    newly established businesses
    90% - Equipment
    100% - Debt refinance, working capital

    Member FDIC Subject to normal credit approval. Other conditions may apply.
    *Financing maximums and terms are determined by borrower qualification and use of funds.

    SBA 7(a) Pari Passu

    usbank.com/sba

    SBA 7(a) Business Loans

    SBA Express

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