The SBA 504 Loan Program allows small business owners to purchase an industrial or commercial building with long term financing with a minimum of ten percent down payment or equity injection. The loan proceeds may be used to purchase or remodel an existing building, construct a new facility or to purchase equipment with a minimum economic useful life of ten years.

2. SBA 504 Closing Overview:

3. Documents:

a. Lease
i. Commercial Lease (For SBA 504 Projects)

b. SBA Environmental Agreement

i. Standard SBA Form

ii. Conoco Philips

4. Franchise:

a. Franchises Reviewed and Comments.

b. Copy of Franchise Agreement

5. Oil Companies:

a. Issues

b. Dealer Agreements

6. Ground Lease:

a. SBA Requirements