SBA Loan Program Changes
The Small Business Jobs and Credit Act was signed into law by President Obama on September 27, 2010, including these exciting new changes to the SBA loan program:
• Existing SBA loan borrowers can now qualify for additional loans
• SBA loan limits increased to $5 Million per borrower
• SBA Fees are WAIVED through 12/31/10
MULTI-INDUSTRY LOANS
• Mini Storage Facilities are now SBA loan eligible
• Owner Occupied Multi-Use Buildings
• Special Rates on qualifying buildings
LOAN PROGRAMS ALSO INCLUDE FINANCING OF HOTEL & MOTELS AND
GAS STATION/CONVENIENCE STORE/CAR WASH
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