
SMALL BUSINESS ADMINISTRATION (SBA) 504 LOAN
Security National Bank offers the SBA’s 504 loan program as a financing tool for economic development. This program provides growing businesses with long-term, fixed-rate financing for major fixed assets such as land, buildings and equipment when they meet the SBA’s public policy goals of:
- Business district revitalization
- Expansion of exports
- Expansion of minority business development
- Rural development
- Increasing productivity and competitiveness
- Restructuring because of federally mandated standards or policies
- Changes necessitated by federal budget cutbacks
- Expansion of small business concerns owned and controlled by veterans (especially service-disabled veterans)
- Expansion of small business concerns owned and controlled by women
We encourage you to visit with a Business Banker or stop in at one of our convenient locations today!
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