Pub. 18 2021 Issue 4

Issue 4 • 2021 21 Steps: Building purchase Land acquisition and construction Machinery and equipment purchase Closing costs Permanent working capital Leasehold improvements Facility expansion $ $ Examples of how funds can be used: LEARN MORE ABOUT SMALL BUSINESS BOOST Enroll in the program Register a business for funding 2 Follow guidelines for approval: 3 The borrower must be quali ed as a small business based on Small Business Administration standards. The member must provide at least 40% of total nancing to the small business. Extending or modifying existing member debt may be used to meet this requirement. The member is not required to advance additional loan funds to the small business. The maximum SBB loan amount is $100,000 or 50% of the member loan to the small business. At least one job must be created or retained for every $50,000 in SBB funding. Member must demonstrate loan does not meet their underwriting criteria without the SBB funds. Businesses may obtain only one SBB loan. If the deal involves real estate, at least 51% of the real estate must be occupied by the small business. 1 Questions about the SBB? Contact the Community Investment Department at FHLB Dallas at 800.362.2944 or email ahp@fhlb.com .