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FEDERAL
SBA 7(a) Loan Program
The SBA 7(a) program guarantees loans that manufacturers can use for working capital, equipment, refinancing, acquisition, or expansion.
About this program
Visit the program website for full details.
Eligibility
Eligible for-profit South Carolina manufacturers may apply through participating lenders if they meet SBA size, use-of-proceeds, owner, credit, and repayment standards.
Requirements
- Meet SBA eligibility and size standards for the business and owners.
- Use funds for eligible business purposes such as working capital, equipment, inventory, acquisition, or expansion.
- Apply through an SBA-approved lender.