SBA Loans

First Commonwealth now offers SBA loans through the U.S. Small Business Administration (SBA).
While SBA programs can seem complicated, our dedicated business solutions team is here to walk you through the financing process. 
Get the small business financing you're looking for from the largest credit union in the Lehigh Valley.

SBA 7a Program

SBA’s most common loan program includes financial help for small businesses with special requirements. 
Eligibility factors are based on the organization's business sector, credit history, and operational location. 
For eligibility guidelines for the SBA 7(a) program visit


For-Profit Businesses can Apply 
Minimum Borrower Down Payment of 10% is Required
Financing up to $5 Million


Eligible SBA 7(a) uses: 

  • Short- and long-term working capital. 
  • Refinance current business debt 
  • Purchase furniture, fixtures, equipment or inventory
  • The construction a new building or renovation of an existing building
  • Establishing a new business
  • Assisting in the acquisition, operation or expansion of an existing business

SBA 504 Program

The SBA 504 Loan Program provides long-term, fixed rate financing of up to $5.5 Million for up to 25 Years and puts owner-occupied commercial real estate and other fixed-asset purchases within reach.

SBA 504 loans are provided through a partnership with local Certified Development Companies (CDCs)

CDCs are the SBA's community-based partners who promote economic development within their communities and are certified and regulated by the SBA. 


Provides long-term, fixed rate financing of up to 25 years

50% Conventional Bank Loan
40% SBA Loan
10% Borrower’s Down Payment


Eligible 504 uses:

  • Purchase owner-occupied commercial real estate, such as an office,manufacturing facility, mixed-useproperty and more
  • Purchase land and construct a businesslocation
  • Business construction loan to renovate or improve these types of facilities
  • Purchase heavy machinery or equipment
  • Improvements to existing facilities

SBA Resources

Looking to pursue SBA funding for your small business? 

Small Business Development Center at Lehigh University

Visit Lehigh U. SBD Center

US Small Business Administration

Visit U.S. SBA

Small Business Development Center at Kutztown University

Visit Kutztown U. SBD Center

Please note that this information is subject to change without notice, and you should consult the SBA website at for additional information and to confirm the accuracy of the information.