Eligible Businesses

• For profit, privately held businesses with net worth less than $15 million and average after tax profits the past two years less than $5 million (certain exceptions can be made)

• Owner-occupied projects only. Passive investors who purchase real estate and lease it to third parties are not eligible

• Ineligible Borrowers:

1. Businesses that restrict access or membership based on gender, race, or other factors

2. Businesses engaged in lending

3. Apartments and mobile home parks

4. Life insurance companies

5. Businesses located in a foreign country or owned by undocumented aliens

6. Businesses selling through a pyramid plan

7. Businesses engaged in gambling (if revenues derived from gambling is more than one-third of total revenue)

8. Businesses engaged in any illegal activity

9. Businesses engaged in promoting religion

10. Consumer or marketing cooperatives

11. Businesses whose owners have caused a prior loss to the government

12. Businesses primarily engaged in political lobbying