SBA 504 Commercial Loans - Use of Proceeds

Uses

• The purchase of land, including existing buildings
• The purchase of improvements, including grading, street improvements, utilities, parking lots and landscaping
• The construction of new facilities or modernizing, renovating or converting existing facilities
• The purchase of long-term machinery and equipment

Illegal Uses

• Working capital or inventory
• Consolidating, repaying or refinancing debt
• Speculation or investment in rental real estate