Amount of 504 Loan
Louisiana Capital can lend you up to 40% of the project cost with a dollar cap of $1,500,000. Louisiana Capital can exceed $1,500,000 and go up to $2,000,000 of SBA 504 financing under the following conditions:
  • the project will help revitalize a business community with a written revitalization plan or
  • the project will help your company to expand its exporting or
  • your company is 51% or more minority, woman or veteran owned or
  • you are locating in a rural area or
  • the project will increase productivity and competitiveness by retooling, modernization or assistance in competing with imports or
  • your business was affected by federal budget cutbacks (such as defense downsizing).
Louisiana Capital can also lend up to $4,000,000 for eligible manufacturing projects.

   

 

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