Small Business Administration (SBA) Loans

image of hands reviewing sba document

As an SBA lender, we can provide much-needed capital to assist businesses grow and expand.

We offer prudent and knowledgeable assistance to deliver a tailored package to fit the needs of your business. We can offer a loan that typically has longer terms and a lower down payment than what is available with a traditional commercial loan.

Our extensive SBA experience and tenured lending group will make your SBA loan process easy. Our lenders offer you personalized, proven expertise and flexible loan amounts up to $5,000,000 as well as fully amortized loans. Visit www.sba.gov to learn more about SBA loan programs.

For more information, contact Rick Pak, President & CEO, at (408) 202-7814.

Account	SBA 7A	SBA 504
Benefits	Lower down payment to conserve working capital Longer term than conventional financing Fully amortized loans	Lower down payment to conserve working capital Longer term than conventional financing Fully amortized loans Up to 90% combined loan-to-value on real estate purchase Higher size standards than the SBA 7A program allows
Uses	Purchasing, constructing, or renovating commercial real estate (for owner-users – 51% occupancy) Purchasing of equipment Working capital and inventory Business acquisition and start-ups Refinancing of existing business debt	Purchasing, constructing, or renovating commercial real estate (for owner-users—51 % occupancy) Purchase of equipment with a useful life of 15 years or greater
Terms	Real Estate Loans up to 25 years Business Acquisitions up to 10 years Machinery and equipment: up to 10 years Working capital and inventory: up to 7 years	Bank loan up to 25 years SBA/CDC loan is 20 years for real estate and 10 years for equipment

* For detailed information on any of these accounts or current interest rates refer to the Deposit Agreement & Disclosures or call an account officer at one our locations.