Program with an enhanced guaranty and interest rate. Offered by SBA’s network of participating lenders nationwide, they feature fast turnaround times for loan approvals. The loans are available for up to $500,000. and can be used for most business purposes and business-occupied real-estate purchases. Local SBA district offices can provide lists of Patriot Express lenders in their areas.
Patriot Express is available to military community members. The average loan amount is almost $82,000. After a loan application is approved by a commercial lender, it is submitted to SBA for approval. Most applications are approved by SBA within 24 hours.
