First Community Bank - Serving the Santa Rosa California Area including Sonoma County

SBA Lending

As an SBA Preferred lender, First Community Bank offers SBA loans through the SBA 7(a) and 504 loan programs. SBA loans offer lower down payment options and longer repayment terms than many other financing options. These loans provide smart, affordable and flexible solutions for small business clients looking to grow their business.

  SBA Express SBA 7(a)
Term Loan
SBA 504
Term Loan
SBA Patriot Express
Loan Type Line of Credit or Loan Loan Loan Line of Credit or Loan
Loan Solution A streamlined loan application process to access funding for working capital to purchase land, buildings, equipment and inventory. Longer terms on loans to fund working capital, business start-up, business acquisition and real estate. Longer term financing loans for businesses to purchase or construct commercial real estate or to purchase machinery/ equipment in conjunction with the purchase of commercial real estate. A streamlined loan application process to access funding for working capital to purchase land, buildings, equipment and inventory for veterans who are starting or growing their businesses.
Client Profile For-profit businesses in a variety of industries. For-profit businesses in a variety of industries, including those that are new, in start-up mode or recently acquired. Existing and ongoing for-profit businesses, with a net worth less than or equal to $15,000,000 and net profit after taxes less than $5,000,000 for the past two years. Veterans and members of the U.S. military community who want to establish or expand small businesses.
Loan Amount $50,000 to $1,000,000 $150,000 to $5,000,000 $250,000 to $10,000,000 maximum; $50,000 to $500,000
Rate Loans and lines of credit less than or equal to $50,000: up to WSJ Prime + 6.5%.
Loans and lines of credit greater than $50,000: up to WSJ Prime + 4.5%.
Variable. Loan term less than 7 years: WSJ Prime + 2.25%. Loan term greater than or equal to 7 years: up to WSJ Prime + 2.75%. First Community Bank loan: Fixed or variable rate, negotiated between bank and borrower. SBA loan: Below market fixed interest payment. Loan rate set when debenture is sold. Variable. Loan term less than 7 years: up to WSJ Prime + 2.25%. Loan term greater than or equal to 7 years: up to WSJ Prime + 2.75%.