This version of the form is not currently in use and is provided for reference only. Download this version of SBA Form 1244 for the current year.
This is a legal form that was released by the U.S. Small Business Administration on November 1, 2018 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is SBA Form 1244?
A: SBA Form 1244 is the application for a Section 504 Loan.
Q: What is a Section 504 Loan?
A: A Section 504 Loan provides financing options for small businesses to improve or acquire fixed assets.
Q: Who is eligible to apply for a Section 504 Loan?
A: Small businesses that meet the SBA's size standards and have a feasible business plan are eligible to apply.
Q: What can the loan funds be used for?
A: The loan funds can be used for the acquisition or improvement of fixed assets, including real estate, machinery, and equipment.
Q: How do I submit the SBA Form 1244?
A: The completed form should be submitted to your local SBA district office or participating lender.
Form Details:
Download a fillable version of SBA Form 1244 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.