SBA 504 Loan Program
Invest Atlanta provides financial and technical assistance to small, minority and female-owned businesses to expand and/or relocate in the city. The SBA-504 Loan Program offers businesses a unique source for 90% financing. Loans are available through certified development companies certified under the U.S. Small Business Administration 504 Certified Development Corporation Program.
- Owners must occupy at least 51% of space.
- Acquisition of fixed assets (i.e. land and buildings)
- New construction (67% occupancy)
- Machinery and equipment
Loans up to $1.5 million or 40% of total project costs (up to $2 million if the company meets a public policy goal). 504 loans for “small manufacturers” may be made up to $4 million.
There will be a $250 Non-Refundable Application Fee.