Rural Loans
USDA RURAL IRP LOAN PROGRAM
ELIGIBLE USE OF FUNDS:
Most any business purpose
For Certain Rural Areas in GA and SC
MAXIMUM LOAN AMOUNT:
$150,000
INTEREST RATES:
Fixed Rate
7.75%
FEES:
SBAC loan fees generally range from 1% to 2%
LOAN TERM:
Up to 15 years
May amortize for a longer period of time
*All information is subject to change without notice.
Official Program Information:
SBAC participates in the U.S. Department of Agriculture Rural Development Intermediary Relending Program (IRP), which supports financing for businesses and community development projects in eligible rural areas. Learn more about the USDA Rural Development Intermediary Relending Program and view USDA’s Georgia IRP Approved Lenders.
SBAC is a nonprofit economic development lender. Loan repayments and earned revenue are reinvested to support future lending and technical assistance, helping SBAC expand access to capital and strengthen small businesses and communities.
Let us know how we can help with your small business loan or business education needs. 