504 Loans
Name of Funding
504 Loans
Source of Funding
US Small Business Administration
Contact Name
Maine District Office
Contact Phone Number
(207) 622-8551

These are long-term fixed rate loans that may be used to finance up to $5,000,000 for major fixed assets. The loans must be used to promote business growth and job creation which include the purchase or construction of existing buildings/land, new facilities, and long-term machinery and equipment. The improvement and modernization of existing facilities is included. 10 and 20-year maturity terms are available.

How To Apply

- Application links and information can be found below

Additional Links

504 loans are available only through Certified Development Companies (CDCs). You can locate your local CDC here.

Prepare and put together your 504 loan authorization package. You can use the 504 Authorization File Library to figure out what documentation you will need.

For more detailed information, click here


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