www.sba.gov
SBA Loan Guaranty Programs
U.S.
Small Business
Administration
www.sba.gov
www.sba.gov/id
Gregory Yerxa
Lender Relations Specialist
Boise District Office
380 E Parkcenter Blvd, Suite 330
Boise Idaho 83703
(208) 334-9004 Ex. 345
Why We Are Here - SBA Purpose
Access to Capital
Entrepreneurial
Development
Economic Growth
Government
Contracting
Where Does the SBA Loan Fit?
Factors that determine this range:
Business Profile
Most Viable
Least Viable
Experienced Management
High Debt Service Cash flow
Sterling Credit
Fully Collateralized
Growth/Mature Industry
High Retained Earnings
Cash flows w/ longer terms
Covers Reasonable
Collateral Shortfall
Quality Start-up
Regulation/Liquidity
Environment
No Management experience
No potential chance of
repayment
Impractical business idea
No financial reserves
No equity investment
Lender Range
SBA Range
No Range
The SBA Loan Guaranty
 The SBA promises to reimburse a lender for losses at
an agreed percentage of loss
 Up to 90%
 As low as 50%
 Lender Benefits
 Reduced Risk
 Increased Liquidity
 Borrower Benefits
 Access to business credit
 Better terms and rates
SBA Financing Programs
 Grants
 Not available for starting/expanding
 Limited grants for research, development & innovation


Small Business Innovation Research (SBIR)
Small Business Technology Transfer (STTR)
 SBA Loan Guaranty Programs
 7(a) Loan Program
 Microloans
 CDC/504 Program
 Small Business Investment Companies (SBIC)
Streamlining SBA Loan Programs
504
7(a)
SBA Express
($350,000 limit)
7(a) Under
$350,000
Export Express
($500,000 limit)
7(a) Over
$350,000
Export Working Cap
($5MM limit)
International
Trade
CapLines
LOC
LOC/Term
Term
Borrower 10% Min
3rd Party
Lender
85% ≤ $150M
75% > $150M
Borrower
Min. 10%
CDC
40%
Borrower Eligibility
 Must be “For Profit”
 Must be “Small”
 Net worth less than $15,000,000
 Net profit less than $5,000,000 (last 2 years)
 Must demonstrate a “Need”
 Unreasonable terms/rates
 Lack of personal resources/collateral
 Must be in an eligible industry
 Non-discriminatory, non-speculative
 Must be of good character
Use of Loan Proceeds
 Start up costs
 Working Capital
 Inventory
 Equipment
 Fixtures
 Business Acquisition
 Debt Refinance
 Purchase land and buildings
Loan Statistics BDO FY 2015
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Approved 467 7(a) loans totaling $135,899,400
Approved 76 CDC/504 loans totaling $32,772,000
4,348 jobs were created or retained
Start-ups
187 loans were to a new business
(29%)
78 are women owned businesses
33 are veteran owned businesses
152 businesses are in a rural area
The smallest 7(a) loan was $5,000
The largest 7(a) loan was $5,000,000
The smallest 504/CDC loan was $62,000
Loan Volume
The largest 504/CDC loan was $1,547,000
$120
250
$100
200
$80
150
$60
100
$40
50
$20
0
$0
Electrical Contractors
Landscaping Services
All Other Miscellaneous Store Retailers
(except Tobacco Stores)
Approvals
General Freight Trucking, Local
Veterinary Services
Offices of Optometrists
Sporting Goods Stores
Child Day Care Services
Residential Remodelers
Site Preparation Contractors
Hotels (except Casino Hotels) and
Motels
Offices of Lawyers
Insurance Agencies and Brokerages
General Automotive Repair
Loans
Millions
300
New Single-Family Housing
Construction (except Operative…
Plumbing, Heating, and AirConditioning Contractors
Offices of Chiropractors
Limited-Service Restaurants
All Other Specialty Trade Contractors
Offices of Physicians (except Mental
Health Specialists)
Full-Service Restaurants
Offices of Dentists
20 Year Look back by NAICS
Counseling & Training
 SBA Free Online Training – www.sba.gov
 SCORE
 208-334-1696 Ex 338
 Treasurevalley.score.org
 Small Business Development Centers
 SBDC 208-426-1640
 www.idahosbdc.org