US small business administration loan programs: supporting business startup and growth.


This summer, Alaska Sprouts is moving into a freshly-remodeled, seven thousand-square-foot facility, thanks to special financing from the US Small Business Administration (SBA). The SBA 7(a) Loan Program allowed the business--which sells sprouts, micro greens, tofu, and mature plants like basil and romaine--to purchase a warehouse with long-term financing and a minimum 10 percent down. The loan will enable Alaska Sprouts to double its square footage, cultivate new customers,