504 Certified Development Loans Program Inventory DescriptionSmall Business AdministrationSBA_4c576d9e-8228-11e0-a7e3-d3267a64ea2a78d4c946-cfc5-4b4f-b238-3d1061ea24f8e03f8581-f210-404a-9dfb-f65a80c555e3504 Certified Development Loans Provide “brick and mortar” and/or major equipment financinge3102b97-0297-4551-bb9c-b9919bee5c3bThe 504 loan program is SBA’s premier economic development program, providing “brick and mortar” and/or major equipment financing. Thanks to particular features of this program, such as a statutorily-mandated job creation component, a community development goal, or a public policy goal achievement component, the program helps the SBA facilitate job creation and meets the Agency’s mission to maintain and strengthen the nation’s economy by enabling the establishment and viability of small businesses. A typical 504 project includes a loan secured from a private sector lender with a senior lien, and an SBA-backed loan secured from a certified development company (CDC) in a second position.Small BusinessesBeneficiaryPrivate Sector LendersPerformerBeneficiaryCertified Development Companies (CDC)PerformerBeneficiaryBusinesses & JobsGrow businesses and create jobse33d69a1-36a5-4a7f-8574-d2f4c97dc9721This program supports strategic Goal 1 - Growing businesses and creating jobs1bcb21d3-d64f-412f-a847-81fd050f6a2cCapitalAccess_4c5774e2-8228-11e0-a7e3-d3267a64ea2aSupportsObjective 1 - Expand access to capital through SBA's extensive lending networkTBD0f7d3e87-6e09-44d3-8a94-5adc38fe856cOutreachStrength_4c57a606-8228-11e0-a7e3-d3267a64ea2aSupportsObjective 6 - Strengthen outreach to underserved communities and underserved populationsTBDSmall Business NeedsMeet the needs of today's and tomorrow's small businesses3677144b-f516-4893-a314-4b799b93fa142This program supports strategic Goal 2 - Building an SBA that meets needs of today’s and tomorrow’s small businessesSmall BusinessesBeneficiary30d28ae1-28c3-4e2e-9e4a-b8a7ee308d87Programs & OperationsStrength_9829d2f8-309c-11e0-b4f3-493b7a64ea2aSupportsObjective 1 - Strengthen SBA’s core programs and operations to ensure that they are high performing, effective, and relevant to the needs of the small business communityTBDc005bd2d-8321-472c-93f2-41a5a46bc33cRiskMitigation_982a00de-309c-11e0-b4f3-493b7a64ea2aSupportsObjective 3 - Mitigate risk to taxpayers and improve oversight across SBA programsTBD2013-06-25http://www.sba.gov/sites/default/files/files/SBA%20Program%20Inventory.pdfOwenAmburOwen.Ambur@verizon.net