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What is the SBA?

Get expert counseling for starting and growing your business through the SBA's resource partners. Access online tools and resources at www.sba.gov.

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What is the SBA?

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  1. What is the SBA?

  2. In-house counseling for business start-up and development through resource partners Website online resources & tools at www.sba.gov SBA Resources

  3. The SBA Guaranteed Loan • If approved by lender, application is forwarded to SBA by lender • SBA processes the application, if approved the closing documents are forwarded to lender • Lender disburses loan

  4. 504 Loan Guarantee Program • Only for purchase of heavy machinery and real estate purchase/construction • Typically the project is 50% lender, 40% CDC/SBA and 10% injection from small business

  5. SMALL BUSINESS JOBS ACT:504 LOAN PROGRAM DEBT REFINANCING

  6. Jobs Act – 504 Debt Refinance Program Restrictions • No refinancing of loans with an existing federal guaranty. (e.g. a 7(a) loan or USDA loan) • No refinancing of debt if it is to an Associate of the Borrower or a SBIC or New Market Ventures Capital Companies (NMVCC).

  7. Sacramento District Office Carrie Ellinwood Lead Lender Relations Specialist U S Small Business Administration (916) 735-1722 carrie.ellinwood@sba.gov

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