The following types of businesses are ineligible for SBA 504 program loans:

• Non-profit institutions
• Finance businesses:  banks, finance companies, insurance companies, etc.
• Real estate development and other speculative businesses
• Business located in a foreign country
• Pyramid sales distribution
• Businesses deriving more than 1/3 of revenue from legal gambling
• Businesses that limit their membership for reasons other than capacity (women only gyms, etc.)
• Government owned entities (except Tribal)
• Businesses principally engaged in teaching religion or religious beliefs
• Those that have previously defaulted on a Federal loan
• Those involved with illegal activity, prurient sexual nature, etc.