SBA loan programs to help small businesses in times of need.

SBA Paycheck Protection Program

On May 4 at 5 p.m. CT the SBA closed the Paycheck Protection Program (PPP) application portal. We are no longer accepting new PPP applications for First or Second Draw loans. If you currently have an application in process, please monitor your email for updates.

The PPP1,2 helped small businesses affected by the COVID-19 pandemic cover payroll and operating expenses. Customers who have received a PPP loan may be eligible for forgiveness.

Learn more about PPP loan forgiveness

Support for small business owners directly through the SBA

There are several other financial assistance options, outside of our normal 7(a) and 504 loan programs, available for small businesses which you may choose to explore. The American Rescue Plan Act has created two separate grants which are being offered directly through the U.S. Small Business Administration (SBA), with additional funding allocated for COVID-19 Economic Injury Disaster Loans.

SBA Disaster Assistance Loans

The U.S. Small Business Administration may be able to provide you low-interest federal disaster loans for working capital.

Learn more

COVID-19 Economic Injury Disaster Loan (EIDL)

The U.S. Small Business Administration may be able to provide economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. Unlike the SBA Paycheck Protection Program (PPP), the EIDL is administered and funded directly through the U.S. Small Business Administration.

Learn more

SBA Shuttered Venue Operators Grant Application (SVOG)

The U.S. Small Business Administration may be able to provide economic relief to Hard-Hit Small Businesses, Nonprofits and Venues affected by COVID-19 pandemic. Unlike the SBA Paycheck Protection Program (PPP), the SVOG is administered and funded directly through the U.S. Small Business Administration

Learn more

What are SBA loans?

SBA loans are long-term, small business loans partially guaranteed by the government. The U.S. Small Business Administration is a federal agency committed to furthering the growth and development of small businesses and partners with lenders nationwide in their loan programs.

How SBA loans works

Unlike conventional term loans, an SBA Loan offers business owners the opportunity to take advantage of favorable terms as part of the SBA program, while removing some of the barriers to traditional financing options.

As a Preferred SBA Lender, our program offers a faster loan process with reduced paperwork for businesses that have been in operation for less than two years. We customize SBA loans based on the unique needs of the business owner. The funds may be used for vehicle purchases and refinances, equipment purchases, working capital, inventory and other general business needs.

Compare SBA loan options and benefits

SBA 7(a) Business Loan*

Government-backed term loan for the acquisition or expansion of a small business.

Contact SBA Division

  • Loan amounts up to $5 million
  • Terms up to 10 years for business, acquisition, equipment or tenant improvement
  • Terms up to 7 years for working capital and inventory
  • Flexible collateral options
  • Business acquisition
  • Equipment
  • Debt refinance, working capital and inventory
  • Tenant improvement, partner buyout
  • For-profit businesses

SBA 7(a) Real Estate Loans*

Government-backed term loans for the purchase, refinance or construction of commercial real estate.

Contact SBA Division

  • Loan amounts up to $5 million
  • Additional $2 million direct funding by U.S. Bank (SBA 7(a) Pari Passu loan)
  • Terms up to 25 years
  • Fully amortized, no balloon payments
  • Owner-user commercial real estate purchase
  • Expansion
  • Refinance or construction
  • For-profit businesses

SBA 504 Real Estate Loan*

Government-backed term loan for the purchase, refinance or construction of commercial real estate.

Contact SBA Division

  • Loan amounts up to $12.375 million
  • U.S. Bank loan terms 25 years
  • CDC loan terms 25 years
  • Equipment loan terms 10 years
  • Owner-occupied commercial real estate purchase
  • Refinance
  • Construction
  • For-profit businesses

Referral network resources

If you’re a professional in commercial real estate, lending or finance-related industry, learn how our SBA Division can assist you and your business customers.

Contact SBA Division