When determining if a project is eligible for SBA 504 financing it's easy to think of utilizing the program for larger projects. However, small projects could also benefit from the SBA 504 Loan.

One of the criteria a project must meet is the "minimum debenture amount" required by the SBA. The SBA portion of the total project costs' only need to meet a minimum of $25,000.

Depending on the project type, the SBA portion can range from 30-40%. Taking this into consideration the minimum total project costs' would look like this:

  • Standard Financing Structure: $62,500
  • New Business OR Limited/Special Purpose Property: $72,000
  • Both New AND Limited/Special Purpose Property: $84,000