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: 8.00%
< $10,000: 8.75%
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.