SBA Employee Trusts

Author: Editor

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The SBA Qualified Employee Trusts Loan Program provides guaranteed loans for employee trusts provided they meet certain qualifications. Some things to keep in mind about this plan.

  • The plan must be sponsored by the employer/ company of which the employee/s must be a part of.

  • The trust must be mainly a source of loans or investment.

  • It is required to comply with the Internal Revenue Service Code regulations and be or the Department of Labor.

  • The proceeds can go towards purchasing a controlling interest in the employer or by purchasing employer securities in order to re-lend the proceeds to the employer.

    Loan Amount: The maximum loan amount is $2 million. The SBA guarantee is usually $1 million.
    For more information about the SBA Qualified Employee Trusts Loan Program.
    Check your eligibility now!