Back to Grants
FEDERAL
SBA 504 Loan Program
SBA 504 loans provide long-term fixed-rate financing for manufacturers buying or improving facilities and major equipment.
About this program
Visit the program website for full details.
Eligibility
For-profit manufacturers in South Carolina may qualify if they meet SBA size standards, occupy the financed property, use proceeds for eligible fixed assets, and satisfy credit and job-creation or public-policy requirements.
Requirements
- Meet SBA small business eligibility and credit standards.
- Use proceeds for eligible fixed assets such as land, buildings, construction, or machinery.
- Work with a certified development company and participating lender.