FAQ – Project Costs

Is it possible to purchase both real estate and equipment at the same time using an SBA loan?

Yes – in two possible ways. It is possible to prepare "companion" 504 loans – one 20– year loan for the real estate, and another 10–year loan for the equipment. Or, if the weighted useful life of the equipment does not "drag" the overall life of the project below 20 years, we can prepare a single application that includes both real estate and equipment.