Microloans

SBA MICROLOAN FUND

ELIGIBLE USE OF FUNDS:
Most any business purpose EXCEPT Real Estate and Refinance

MAXIMUM LOAN AMOUNT:
$50,000

INTEREST RATES:
Fixed Rate
> $10,000: 7.75%
< $10,000: 8.25%

LOAN TERM:
Maximum 7 Years

*All information is subject to change without notice.

SMALL STEPS LENDING PROGRAM

ELIGIBLE USE OF FUNDS:
Most any business purpose

MAXIMUM LOAN AMOUNT:
$15,000
After All Steps Have Been Completed

INTEREST RATES:
> $10,000: 8.00%
< $10,000: 8.75%
Lower rate for eligible City of Savannah businesses

LOAN TERM:
Up to 5 Years

*All information is subject to change without notice.