Patriot Express
The U.S. Small Business Administration has announced the SBA’s Patriot Express Pilot Loan Initiative for veterans and members of the military community wanting to establish or expand small businesses.
Use: Eligible military community members include:
  • Veterans
  • Service-disabled veterans
  • Active-duty service members eligible for the military’s Transition Assistance Program
  • Reservists and National Guard members
  • Current spouses of any of the above
  • The widowed spouse of a service member or veteran who died during service or of a service-connected disability
  • The SBA and its resource partners are focusing additional efforts on counseling and training to augment this loan initiative.
    • Amount: 5,000,000
    Interest Rate: Patriot Express loans feature the SBA’s lowest interest rates for business loans, generally 2.25 percent to 4.75 percent over prime depending upon the size and maturity of the loan.
    More Information...

    Provider Information

    Small Business Administration (SBA)
    Federal Building, 68 Sewall Street
    Augusta , ME 04330
    207-622-8382
    207-622-8277
    marilyn.geroux@sba.gov
    www.sba.gov/me

    Highlights