provide loans that are, in turn, guaranteed by the SBA. The Agency has no funds for direct lending or grants. Most lenders are familiar with SBA loan programs so interested applicants should contact their local lender for further information and assistance in the SBA loan application process. SBA loan programs get the loans as well as the counseling and training services. This is all offered threw your local SBA office.The SBA will only lend you certain amounts of money depending on the venture. For the most part the maximum the SBA will loan is 1,000,000 dollars. But The SBA will only guarantee seventy five percent of that dollar amount. When applying to your local SBA office there are certain distinct things that they look for. The repayment ability from your projected cash flow. The main parts that they also look for during there process is if you have good character, management capability, and most important is the collateral. Most small businesses in the modern work environment are eligible for an SBA loan. There are some businesses that don’t qualify, but those are dealt with on a case-by-case sinaireo. There are four key factors that help determine if you get qualified. They are the type of business, size of the business, use of the funds loaned, and special circumstances. The type of business that is eligible is one that is primarily in the United States. One that operates to make money. The key one is that you are putting in your own capital also. The SBA has developed size standards for each individual area of concentration. They have separated them into five distinct areas of concentration. Which are Retail and services, construction, Agricultural, Wholesale, and manufacturing. For each individual industry they loan a different amount of money. Because each area has different circumstances. If you are a retail store and make between 3.5 to 13.5 million then you are ok. For a construction company 7.0 to 17.0 million, f...
