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FEDERAL
SBA 504 Loans for Manufacturing Facilities and Equipment
SBA 504 loans provide long-term fixed-rate financing for major fixed assets, including manufacturing real estate and equipment.
About this program
Visit the program website for full details.
Eligibility
Eligible applicants are for-profit small businesses, including Ohio manufacturers, that meet SBA size, occupancy, use-of-proceeds, credit, and job creation or public policy requirements.
Requirements
- Operate as an eligible for-profit small business.
- Use funds for eligible fixed assets such as owner-occupied real estate, construction, machinery, or equipment.
- Work with a certified development company and third-party lender.