SBA Loans for Your Business

Basic 7(a) Loan Program

Gives 7(a) loans to eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA’s business loan programs. Borrowers must apply through a participating lender institution. Contact Jim Pawlikowski, for an SBA lender referral, or 215.348.9031, extension: 10.

Certified Development Company (CDC) 504 Loan Program

Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

Microloan Program

Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

SBA local contact is, Sonia Smith •  • 1150 First Avenue, Suite 100, King Of Prussia, PA, 19406 • Phone: 610-382-3092