SBA financing is offered through the programs listed below. Fixed assets must have a useful life of at least ten years. The 504 share of the total project cannot exceed 40 percent of the eligible project cost. A minimum of 10 percent of the financing for the project must be provided by the small business and the remaining 50 percent from a commercial lender. The Southwestern North Carolina Revolving Loan Fund serves Cherokee, Clay, Graham, Haywood, Jackson, Macon, and Swain Counties.
More information is available upon request.
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