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FEDERAL
SBA 504 Loan — Sports & Recreation Facility Financing in MN
Long-term fixed-rate SBA 504 loans for sports facility construction, major equipment, and real estate for Minnesota sports and recreation businesses.
About this program
Visit the program website for full details.
Eligibility
For-profit sports and recreation businesses in Minnesota with tangible net worth under $20 million.
Requirements
- For-profit sports or recreation business
- Fixed asset purpose (land, building, or major equipment)
- Tangible net worth under $20 million