Community Advantage is a guarantee loan program available through SBA for designated non-profit lenders, such as SBAC.

Use of Funds

Funds can be used for most any business purpose.

Interest Rate

Negotiated Variable or Fixed Rate


Real Estate: 25 years max.

Machinery and Equipment/ Working Capital: 10 years max.

Maximum Loan Amount


Eligible Businesses

For-profit businesses in the City of Savannah, 53 counties in Southeast GA, and Beaufort, Charleston, Colleton, Dorchester, Hampton, and Jasper counties in SC.

Excluded businesses include:

  • Non-profit organizations
  • Consumer and marketing cooperatives
  • Business dealing in the creation, origination, expression or distribution of ideas, values, thoughts, or opinions. i.e. patents
  • Specialty stores primarily engaged in selling products that promote or advocate ideas, specialized delivery, distribution or transportation concerns limiting themselves to distribution of “ineligible materials.”