SBA Loans

  SBA 504
Term Loan
SBA 7(a)
Term Loan 
Small Loan AdvantageMore SBA
Options 
Loan Size:
  • Up to $5,000,000
  • Real estate or fixed assets
  • Up to $5,000,000
  • Up to $350,000

USDA B&I Loans

Designed to encourage the commercial financing of rural businesses, to create and save rural jobs and improve the economic and environmental climate of rural communities

Eligibility: 
  • For-profit businesses
  • Must qualify as a small business according to SBA guidelines - size varies by industry type
  • Certain types of businesses are not eligible
  • For-profit businesses
  • Must qualify as a small business according to SBA guidelines - size varies by industry type
  • Certain types of businesses are not eligible
  • For-profit businesses
  • Must qualify as a small business according to SBA guidelines - size varies by industry type
  • Certain types of businesses are not eligible

SBA Patriot Express Loans

Designed for veterans and members of the military community wanting to establish or expand small businesses

Specific Eligibility: 
  • Must meet size standards based on NAICS code.
  • Maximum tangible net worth of $15,000,000 and average net income after Federal taxes for the 2 full fiscal years before the date of application is not more than $5,000,000.
  • Must meet size standards based on NAICS code
  • Maximum tangible net worth of $15,000,000 and average net income after Federal taxes for the 2 full fiscal years before the date of application is not more than $5,000,000
  • Must meet size standards based on NAICS code
  • Maximum tangible net worth of $15,000,000 and average net income after Federal taxes for the 2 full fiscal years before the date of application is not more than $5,000,000
 
Use of Proceeds: 
  • Buildings (Purchase, new construction or renovation)
  • Machinery or equipment (with a minimum useful life of 10 years)
  • Land
  • Buildings
  • Machinery & Equipment
  • Furniture & Fixtures
  • Inventory
  • Working Capital
  • Business Acquisition
  • Land
  • Buildings
  • Machinery & Equipment
  • Furniture & Fixtures
  • Inventory
  • Working Capital
  • Business Acquisition
 
Loan Structure:
  • The Bank funds up to 50% of the project
  • CDC/SBA funds up to 40% of project
  • Applicant injects remainder (if project is special use or for business start up the applicants injection increases)
  • The Bank funds the loan.
  • SBA guarantees 75% - 85%.
  • The Bank funds the loan
  • SBA guarantees 75-85%
 
Collateral:  
  • The Bank loan is secured with 1st DoT
  • CDC/SBA loan secured with 2nd DoT
  • All owners of 20% or more must provide personal guaranty
  • First secured interest in business assets and/or a mortgage on real estate
  • All owners of 20% or more must provide personal guaranty, may be secured by available home equity
  • First secured interest in business assets and/or a mortgage on real estate
  • All owners of 20% or more must provide personal guaranty, may be secured by available home equity
 
Loan Terms: 
  • The Bank loan - 25 years (minimum of 10 years) on real estate, 7 years on machinery & equipment
  • SBA loan - 20 years on real estate, 10 years on machinery & equipment
  • Working capital - up to 7 years
  • Equipment - up to 10 years (or useful life)
  • Inventory - up to 7 years
  • Real estate - up to 25 years
  • Revolving Line of Credit available for 12 months to 7 years
  • Term loans up to 25 years depending on the use of proceeds
 
Interest Rate:
  • The Bank loan - negotiated rate between borrower and Bank (fixed or variable)
  • SBA loan - below market fixed rate - fixed payment, loan rate set when debenture is sold
  • Variable Rate
  • Variable Rate
 

Please Note: This information is accurate as of November 2013. Central Valley Community Bank
reserves the right to make changes at any time as a result of a change of policy, law, and
regulation or otherwise.
 

Contact Our SBA Department At (800) 298-1775
Or
Fill out an SBA Loan Inquiry Today!


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