Loan requirements at a glance - a quick look up

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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