Loan Matrix

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SBA 7(a) Loan Program

Loan Sizes: $250,000-$2,000,000 Quarterly Variable (Prime +2.75%)Note: Loan scenarios are examined on a case by case basis. Exceptions may apply.

FICO Max. LTV Rate Terms PPP Min. DSCR
660-699 70% 6.00% 15/20/25 yrs. 3 yr. declining (5, 3, 1) 1.25:1
700+ 80% 6.00% 15/20/25 yrs. 3 yr. declining (5, 3, 1) 1.25:1

USDA Loan Program

Loan Sizes: $250,000-$5,000,000 Quarterly Variable (Prime +2.75%*)*Varies by state

FICO Max. LTV Rate Terms PPP Min. DSCR
660-699 70% 6.00% 15/20/25/30 yrs. 5 yr. (5, 5, 5, 5, 5) 1.25:1
700+ 80% 6.00% 15/20/25/30 yrs. 5 yr. (5, 5, 5, 5, 5) 1.25:1

Niche Industries

  • Medical Buildings /
  • Independent Food Markets
  • C-Stores /
  • Auto Sales /
  • Auto Repair

  • Professional Office Space

  • Assisted Living Facilities /
  • Funeral Homes
  • Veterinary Offices /
  • Retail /
  • Light Industrial
  • Mixed-Use

Non-Qualified Properties

  • Churches /
  • Non-Profit /
  • Bar / Restaurants /
  • Golf Courses
  • Undeveloped Land /
  • Multifamily
Note: This matrix is for general reference only. All loans are approved on an individual case by case basis.
All loans must be owner-occupied & operated. All loan submissions are subject to pre-approval by loan committee.
 
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