Applying for an SBA 504 Loan is as easy as applying for a conventional bank loan. There are only a couple of additional documents required by SBA that are not used by any bank. All other information is shared between NSDC and the bank of your choice.
To apply for a loan, first contact one of the following NSDC staff members: Contact Us
We can discuss your business and your financing needs, make an appointment or mail you the appropriate application. You can get a head start in the process by gathering historical financial information on the business and business owner(s) as well as a summary of your project or financing needs.
How long will it take?SBA 504 Loans are typically approved in two to three weeks. However, a pre-qualification can be issued within three days after receipt of limited financial information.
- Preliminary Application Checklist for SBA 504 Loan
- SBA 504 Loan Application
- Business Debt Schedule
- Business Profile
- Personal Financial Statement (SBA Form 413)
- Statement of Personal History (SBA Form 912)