What is the maximum SBA loan amount?
The 40% debenture had the following amount limits: $1,500,000 or $2,000,000 if the borrower meets a SBA Public Policy Goal or $4,000,000 for manufacturing companies and Energy efficient projects. 40% of the project cost for a multi- purpose facility; or up to 35% of the project cost for a special purpose facility (restaurant, gas station, etc.); or up to 35% of the project cost for a startup business (business owned less than 2 years); or up to 30% of the project cost for a startup business in a special purpose facility. There is no maximum loan amount for the Bank financing, but the bank must finance a minimum of 50% of the project cost for a start-up business and/or a special purpose facility.
