skip to main content
Ocean Bank
Personal Banking   Commercial Banking   About Ocean Bank   Contact Ocean Bank
Online Banking
ENROLL NOW Personal | Business
LEARN MORE Personal | Business
Forgot User ID? | More Security 
The U S Small Business Administration can help you get there. Learn More.
S B A Loans
S B A Loans
Working jointly with the U.S. Small Business Administration (SBA), Ocean Bank offers small business owners the opportunity to secure funding to expand, grow and get new business strategies off the ground.
To qualify for a SBA 504 Loan, your business must meet the following guidelines:
Less than $15 million in net worth
Less than $5 million in after tax profits
Less than 500 employees
Project eligibility also applies
SBA 504 Loan Program
Secure long-term financing to buy, construct or renovate commercial property. With a SBA 504 loan, you can even purchase equipment.
Loan Amounts
$125,000 to $5.5 million
Business Situation
Purchase a fixed asset, such as land
and building.
  Your business must occupy at least
51% of the property.
Renovate or expand commercial property.
  Your business must occupy at least
51% of space.
Purchase equipment.
  The equipment life expectancy must be
at least 10 years.
Low down payment
SBA 7A Loan Program
Get financing for working capital, equipment purchases and debt refinancing.
Loan Amounts
Up to $2 million (SBA 7A program)
Business Situation
Get working capital for a loan term
up to 10 years.
Purchase equipment that has a life
expectancy of at least 10 years.
Term of loan depends on loan purpose
No prepayment penalty
   For more information on Ocean Bank’s Small Business loan programs, call 305-569-5597.
  Certain limitations apply. Subject to credit approval. Subject to change without notification.
©2019 Ocean Bank. Member FDIC.Equal Housing Lender. Equal Opportunity Affirmative Action Employer.
Privacy Statement | Disclosures | Credit Card Agreements