There are six SBA loan programs that you might need to know about if you are starting a Monroe County business.

  • SBA 7(a) Loans
  • SBA CDC/504 Loans
  • SBA CAPLines
  • SBA Export Loans
  • SBA Microloans
  • SBA Disaster Loans Companies

SBA 7(a) Loans

SBA 7(a) loans are the most popular overall form of SBA financing, so we’ll get into them in greater detail. These loans top out at $5 million and can be used in a number of ways including:

  • working capital
  • refinancing debt
  • Buying a business
  • Buying commercial real estate
  • Buying commercial

Both the SBA Express Loan and SBA Advantage Loan fall into the SBA 7(a) loan program. They have repayment terms up to 10 years, but repayment terms up to 25 years for commercial real estate loans! You do have to have a minimum credit score of 690, some collateral and about 10 to 20 percent to put down as a downpayment.

SBA CDC/504 Loans

SBA CDC/504 Loans are for buying owner-occupied commercial real estate.

SBA CAPLines

SBA CAPLines is a type of loan program for business owners who want a line of credit that can be used multiple times.

SBA Export Loans

SBA Export Loans are specifically for export businesses and are used specifically to finance their export activity.

SBA Microloans

SBA Microloans Businesses are for business owners who need $50,000 or less in working capital.

SBA Disaster Loans

SBA Disaster Loans are for businesses in areas that have been impacted by a declared natural disaster.

101600 Overseas Highway $20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

243 61St Street Gulf Street $6,975,000

243 61St Street Gulf Street MARATHON, Florida

13 Beds 14 Baths 4,461 SqFt

3428 Roosevelt Boulevard N 1,2,3,4,5,6 $5,499,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

3574 Overseas Highway 1-7 $4,800,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 4 Baths 7,706 SqFt

455 Big Pine Road $2,875,000

455 Big Pine Road KEY LARGO, Florida

3 Beds 2 Baths 2,025 SqFt

100150 Overseas Highway $2,400,000

100150 Overseas Highway KEY LARGO, Florida

2,436 SqFt

295 51St Street Gulf $2,200,000

295 51St Street Gulf MARATHON, Florida

7 Beds 7 Baths 2,614 SqFt

334 King Avenue $2,158,000

334 King Avenue KEY LARGO, Florida

3 Beds 5 Baths 1,986 SqFt 0.140 Acres

2950 Overseas Highway 38 $1,899,000

2950 Overseas Highway 38 Saddle Bunch, Florida

4,780 SqFt

4999 Overseas Highway $1,799,999

4999 Overseas Highway MARATHON, Florida

3 Baths 2,235 SqFt

23 Corrine Place $1,699,000

23 Corrine Place KEY LARGO, Florida

3 Beds 2 Baths 1,600 SqFt 0.200 Acres

344 King Avenue $1,658,000

344 King Avenue KEY LARGO, Florida

3 Beds 2 Baths 1,240 SqFt 0.130 Acres

233 Ann Bonny Drive $1,600,000

233 Ann Bonny Drive KEY LARGO, Florida

3 Beds 2 Baths 1,976 SqFt 0.110 Acres

99304 Overseas Highway $1,399,000

99304 Overseas Highway KEY LARGO, Florida

2,131 SqFt

1409 Olivia Street $1,350,000

1409 Olivia Street KEY WEST, Florida

2 Beds 3 Baths 1,053 SqFt 0.050 Acres

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