Applying for an SBA 504 Loan is as easy as applying for a conventional bank loan. There are only a couple of additional documents required by SBA that are not used by any bank. All other information is shared between NSDC and the bank of your choice.
To apply for a loan, first contact one of the following NSDC staff members: Contact Us
We can discuss your business and your financing needs, make an appointment or mail you the appropriate application. You can get a head start in the process by gathering historical financial information on the business and business owner(s) as well as a summary of your project or financing needs.
How long will it take?SBA 504 Loans are typically approved in two to three weeks. However, a pre-qualification can be issued within three days after receipt of limited financial information.
- Application Checklist
- NSDC Application
- Business Debt Schedule
- Business Profile
- Personal Financial Statement (SBA Form 413)
- Statement of Personal History (SBA Form 912)
*Please note in order to save your information in the forms, you will need to download the form to your computer first. You will then be able to fill it out and save.