Bank financing through the 504 loan program may qualify for CRA consideration, depending on loan amounts. In most cases, loans of $1 million or less qualify as small business loans and may be considered under the CRA lending test for banks of all sizes. Intermediate small banks may choose to have small business loans of $1 million or less, which meet the regulatory definition of community development, evaluated as community development loans. Loans of greater than $1 million made under the 504 loan program are considered community development loans under the lending test or the community development test, depending on the bank’s size. In order for a 504 loan to qualify for CRA consideration as a community development loan, it must meet the geographic requirements in the regulation.