| |
|
 |
| To qualify for an SBA 504 Loan, a business is required to: |
| |
| • |
operate as a for-profit business entity; |
|
| • |
have a private-sector lender commitment for up to 50% of project cost; |
|
| • |
provide an equity injection of 10 to 20 percent of project cost; and |
|
| • |
create/retain jobs or meet community development or public policy objectives. |
|
| |
| If your business qualifies for the benefits of an SBA 504 Loan, please complete and submit this pre-loan application form. A representative from Minnesota Business Finance Corporation will contact you the next business day. |
|
|
|
|
|
