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Down Payment Grant

MBEs and WBEs: Get a grant up to $25,000 of the required down payment on SBA 7(a), SBA Express and SBA 504 loans for owner-occupied commercial real estate within select areas.

Category:

Financing

Provider Organization:

Bank of America

Website:

Eligibility:

Free

More Information:

Who Qualifies:

  • Sole proprietorships and business entities whose sole owner or principal owner(s) self-identifies as a woman, Black or African American, Hispanic or Latino, Native American or Alaska Native, Asian, Native Hawaiian, or other Pacific Islander — with 51% ownership and control of the business.