Among the countless SBA approved banks, Bank of America ranks the highest when it comes to customer service and the granting of minority business loans for women and ethnic minorities. In addition, they often grant minority business loans for women or ethnic minorities when loans have been denied through traditional lenders. You will not be eligible for SBA business loans if you are able and capable of acquiring investment funding from other sources. The second part is a loan through a certified development company, which can take up to forty percent with a maximum debenture amount of $1,500,000 for most hotels , $2,000,000 when meeting defined public policy goals, and $4,000,000 for eligible small manufacturers. Small business is the undisputed engine of job growth and these programs get them the funds they need to operate and expand their business. It is probably best known for its loan guarantee program, but it provides a wealth of other resources and information for small business owners.