From the desk of Judy Aragon, Current SBA Loan Programs as of 05/10/2011, Info obtained from sba.gov

May 11, 2011 - PRLog -- Current Loan programs as of 05/10/2011

PROGRAM           MAX Loan Amt                Government Guaranty %

7 (a)                         $5 Million Gross          85% up to $150,000.00
                                                                        75% $150,000.00 or greater

504                          $5.5 Million Gross       40/50/10= 40% CDC, 50% Lender,
                                                                        10% Equity + 5% if new business
                                                                        or special use.

SBA Express          $350,000.00                50%

Patriot Express      $500,000.00                Same as 7 (a) Program

Community             $250,000.00                Same as 7 (a) Program
Advantage

Small Loan             $250,000.00               Same as 7 (a) Program
Advantage

Small/Rural             $250,000.00               Same as 7 (a) Program
Lender Advantage

Cap Lines                $5 Million                    Same as 7 (a) Program

International             $5 Million                   90% Guaranty up to $4.5 Million            
Trade

Export Working        $5 Million                   90% Guaranty up to $4.5 Million
Capital Program

Export Express        $500,000.00              90% Guaranty up to $350,000/75% on
                                                                        Loans greater than $350,000.00

Dealer Floor Plan     $5 Million Max          Same as 7 (a) Program 100% Advance
                                    $500,000 Min           on both New & Used Inventory that can be
                                                                        titled

504 Debt Refinance   Same as 504 + 85% or more of proceeds must have been used for 504 eligible purposes.  NO Cash out.

NOTE:
7 (a) Loans can be used by:  Home Based Businesses, Start Up Businesses, Existing Businesses

7 (a) Use of Funds:

Advertising/Marketing/Website Creation
Employee Hire/Payroll
Business Debt Consolidation
Franchise Purchase
Purchase Inventory
Purchase Business Equipment (Including Heavy Equipment)
General Business Expansion
Partner Buyout
Business Acquisition
Operating Capital which will help to increase cash flow

Commercial R.E. Purchase (10% Down Payment Required)** Operating Capital can be added over and above to the loan and extended over the length of the contract.

NOTE:  Terms, Rates, Pre payment Penalty are based on type of loan (Lease hold/Commercial RE Loan Purchase or Refinance of Commercial Loan)

7 (a) TERMS:  7-25 Years          7 (a) Rates:   Prime + 2.75%         Prepayment Penalty:  0-3 Years Declining

Please contact your AMAGF Professional for more details on the information provided, at 702-527-7777

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AMAGF, is a Veteran Owned Independent SBA Packaging & Placement Firm, who's main objective is to help Existing & Start Up Businesses obtain the funding needed in order to realize their dream, create better cash flow and give them the ability to hire more AMERICANS.