How can an SBA loan be used?

Small Business Administration (SBA) loans can be made to operating companies, organized for profit, located in the United Sates and considered to be small under SBA size requirements. SBA 7(a) Loan proceeds may be used for a variety of purposes, such as working capital, expanding or purchasing a business, equipment purchases, purchase real estate used in operating the company, improving existing real estate or leasehold improvement or operating capital to support current business efforts.