SBA Loans

179284215 (2)

Starting a business or expanding an existing one?

An SBA Loan could be the solution for you.

First Home Bank offers Basic 7(a) and Certified Development Center (CDC) 504
loans to meet your business’ unique needs.

An SBA Loan with 1HB offers:

  • Competitive Rates
  • Loan amounts up to $5 million
  • Longer repayment terms
  • No balloon payments
  • Lower down payments
  • No pre-payment penalties for loans under 15 years
  • Cost financing

SBA 7(a) Loans are designed to meet the following business needs:

  • Working Capital
  • Debt Refinancing
  • Machinery/Equipment Financing
  • Owner Occupied Commercial Real Estate¬†Acquisition
  • New Construction/Renovation
  • Business Acquisitions
  • Combination of any of the above

What you’ll need to get started:

  1. Three years of personal tax returns and a personal financial statement for each owner of 20% or more of the business
  2. Three years of business tax returns
  3. A current balance sheet and profit/loss statement for the business.

Eligible Businesses include:

Medical and Dental Professions
Industrial Facilities
Manufacturing Facilities
Retail Operations
Car Wash
Auto Repair Facilities
Assisted Living Facilities
Hotels and Motels


Online BankingIcon For: Online Banking

    Enroll  |  Preview  |  Help