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Small Business Loans (SBA Loans)

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An SBA loan can provide low-interest financing to address a variety of needs for qualified businesses. Uwharrie Bank is proud to be part of the SBA’s Preferred Lenders Program (PLP). This program is designed to streamline the procedures required to provide financial assistance to small businesses. Under this program, the SBA delegates the final credit decision and most servicing to carefully selected PLP members.

Our business lending professionals can guide you through SBA lending options and help you determine which program is right for you.

  • Affordable financing
  • Competitive rates
  • Low down payments
  • Flexible terms
  • Local decisions
  • From experienced professionals
  • A preferred SBA lender
Call Me 704.991.1246Contact Us

Approved to offer SBA loan products under the SBA’s Preferred Lender program and SBA’s Express Program.

SBA Express Loan SBA (7a) Loan SBA 504 Loan
Maximum Loan Amount $350,000 $5,000,000 $5,500,000
(depending on purpose).
Repayment Terms Installment terms up to 25 years (depending on the purpose). For lines of credit, terms up to 7 years. Installment terms up to 25 years (depending on the purpose). Installment terms up to 20 years (depending on the purpose).
Loan Purpose Real estate or RE improvements, equipment purchase, leaseholds and working capital Real estate,Real estate improvements, or equipment
Down Payment 10% – 20% 10% – 20% 10% – 20%
Interest Rates Fixed or Variable Fixed or Variable Fixed or Variable on Bank Loan; Fixed on CDC Loan
SBA Fees The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan. The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan. The SBA charges a fee to guarantee the loan. The fee can be incorporated into the loan.