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Fact Sheet
SBA Express Bridge Loan
Overview
Source: Small Business Administration – SBA.gov
Eligibility:
• For profit and nonprofit businesses with less than 500 employees.
• Unable to access credit elsewhere.
• Need for expedited working capital while waiting for long-term loans.
• Existing relationship with SBA Express Loan lender
Deadline: March 13, 2021
Maximum Loan: $25,000
Rate: Up to 6.5%
Term: Up to 7 years
Application Link: See your existing SBA Express Loan lender
Program Details
Click here to review additional information about this program.
Frequently Asked Questions
Click here to review commonly asked questions about this program.
Customer Service
Local SBA lenders will handle questions about this loan program and the application process.
Click here for a list of SBA lenders in Illinois.
For other inquires contact the Illinois Small Business Development & International Trade Center
(SBDC) at College of Lake County: (847) 543-2033 | [email protected].
