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Who Qualifies For An SBA 504 Loan
CBFC  will evaluate the business to determine if it's a candidate for an SBA 504 loan.  

In order to be eligible for 504 financing a business must:

  • Be a for-profit corporation, partnership, proprietorship, or limited liability company.

  • Have a net worth of less than $15 million and an average income, after federal income taxes for the preceding two years, of less than $5.0 million.

  • Create employment opportunities.

Businesses that are ineligible for 504 financing include:

  • Non-profit organizations

  • Investment companies

  • Lending institutions

  • Real estate development companies

  • Unregulated media firms


Michael Schwartz
Advisor
4606 Wedgewood Blvd.
Frederick, MD 21703
Tel: 301-668-1844
Fax: 301-668-1845
Schmas@aol.com
John Sower
President
1101 30th St NW #500
Washington, DC 20007
Tel: 202-625-4373
Fax: 202-342-0389
Sower1@erols.com
David A Daniels, Jr
Vice President
2012 Diane Lane
Ellicott City, MD 21042
Tel: 443-878-8080
Fax: 410-720-2794
davdanjr@comcast.net
Tom Turner
Business Developer
12730 Scaggsville Rd
Highland, MD 20777
Tel: 410-564-9085
Fax: 202-342-0389
tturner8533@msn.com