The document provides an overview of various types of SBA loans, including microloans, general small business loans, real estate and equipment loans, and disaster loans. It details their maximum loan amounts, repayment terms, interest rates, and eligible uses, emphasizing that terms can vary based on the lender. Resources for applying and additional information specific to the Austin, TX area are also included.

1. Small
Administration
[SBA logo] Loans
Guide
to
Business

2. What kinds of
Microloans
General Small Business Loans
Real Estate & Equipment Loans
Disaster Loans
SBA loans are there?

4. Max repayment term: 6 years
Interest rates: 8-13%*
Nonprofit Community Lenders
Terms?
Where?
Used for most business needs, except to pay debt
or buy real estate Max loan: $50,000
What?
*This is an average. Terms vary from lender to lender

6. 7, 10, & 25 year terms
Fixed & variable interest rates available
Most banks and SBA lending intermediaries
Terms?
Where?
Used for most business needs, including paying
operational costs and refinancing debt
Max loan: $5 million
What?

8. 10 or 20 year terms, avg. interest rate: 4%*
Startups’ down payment: 15-20%
Certified Development Companies
Terms?
Where?
Used for purchasing & improving real estate and
equipment Min loan: $50,000
What?
*As of 5/22/2013. Subject to change.

10. Business owners and homeowners
The SBA - Apply online or by mail
Who?
Where?
To repair or replace eligible items (home,
equipment, etc.) destroyed in a declared disaster
Max loan: $2 million
What?

11. Brought to you by:
If you’re in the Austin,
TX area, check out these
resources:
People Fund
BiGAUSTIN
Cen-Tex CDC
Texas CDC
Texas State SBDC

12. Sharing is Caring!
Brought to you by:
Sources:
http://cwhighlights.com/sba-loans/
http://www.sba.gov/
http://peoplefund.org/
http://bigaustin.org/
http://www.centraltexascdc.com/
http://txcdc.com/
http://www.choosewhat.com/how
-to/create-a-business-budget