SBA 504 Money may allow you to borrow up to $16.5MM. If certain measures are met, we may be able to secure additional funds over the typical $5MM allotment of SBA funds.
A building may qualify for the energy public policy goals in 3 ways:
1. Generate 15% of the expected energy consumption of a new building.
2. Reduce energy consumption by 10%.
3. Building or buying a LEED certified building whereby the building has sustainable design that reduces the use of greenhouse emitting fossil fuels - LEED certification building.
By using one of these public policy goals, a small business opens up an additional $16.5MM in SBA 504 money (in addition to the standard $5MM) that can be used in $5.5MM per project chunks.
In addition, small manufacturers get $5.5MM per project with an unlimited amount of available SBA funds.
Click HERE to get more information about SBA 504 Green Loans
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