America’s entrepreneurs are innovative, brave and impactful…utilizing their skills/creativity to not only support their own families, but to make our neighborhoods vibrant places to live and work. Consider the ways our economies are improved when small businesses open and expand:
- Job creation and retention
- Local economic growth and reinvestment – when businesses invest in a commercial building, they are laying a long-term foundation in that community
- Encourages free competitive enterprise
- Helps maintain local consumer spending
- Supports the continued growth of minority, women and veteran-owned businesses
- Revitalizes business districts
- Supports the development of economically disadvantaged areas
- Encourages innovation
We’re proud of how the SBA 504 Loan Program helps businesses open, grow and create jobs…and the ripple effect this has on the community.