Loan requirements at a glance - a quick look up
SBA 504 Loan Requirements
To be eligible, the business must be:
- Operated for profit
- Fall within the size standards set by the SBA
- Business does not have a tangible net worth in excess of $15 millions
- Business does not have an average net income in excess of $5 millions, after taxes, for the preceding of two years
SBA MicroLoan Requirements
To be eligible, the business must be:
- Legally established business in the state of New Jersey
- Fall within the standards set by the SBA
Mercer County Loan Fund Requirements
To be eligible, the business must be:
- Legally established business in the county of Mercer
- Fall within the standards set by MCLF