Small businesses are the backbone of our communities and a top priority for Carver Bank.
The U.S. Small Business Administration 7(a) Loan Program serves small businesses in all stages of growth - from start-ups to established companies. If purchasing a business, refinancing, or getting working capital is the goal, the SBA 7A loan may be a good loan option for you.
The U.S. Small Business Administration 7(a) Loan Program serves small businesses in all stages of growth - from start-ups to established companies. If purchasing a business, refinancing, or getting working capital is the goal, the SBA 7A loan may be a good loan option for you.
SBA 7(A) Loan Program
Max Loan Amount 5 Million
Designed for for-profit businesses located and operated in the U.S. or its territories. Must have invested your own money in the business and attempted to use alternative financial resources, Must meet the SBA definition of "small."
SBA 7(A) Loan Details
SBA 504 Loan Program
Max Loan Amount 5 Million
Designed for for-profit businesses located and operated in the U.S. or its territories. Project must meet job creation and retention goals. The business must have net worth of $15 million or less, and an average net income of $5 million of less.
SBA 504 Loan Details