SBA 504 ECONOMIC DEVELOPMENT GOALS
A Project must achieve at least one of the objectives listed below for either jobs or economic development goals.
Job Creation or Retention
A Project must create or retain one Job Opportunity per an
amount of 504 loan funding as specified below:
ECONOMIC DEVELOPMENT GOALS
A Project that achieves any of the following community development or public policy goals is eligible if Business Lending Partners’ overall portfolio of 504 loans, including this proposed Project, meets or exceeds Business Lending Partners’ required Job Opportunity average. Loan applications must indicate how the Project will meet the specified economic development objective.