As you Asking for the Information About the SBA loans of the Bank of America the Information is given below

Benefit from easier qualification, longer terms and lower down payments on fixed assets than most standard loans

Qualifications
You own and operate a for-profit business
Your business is legally organized as a sole proprietorship, corporation, partnership or LLC
Your business does not generally qualify for conventional credit

SBA 504
Loans from $350,000
Purchase equipment
Purchase commercial real estate
Fund construction or renovation
Loans from $350,000
Terms:
7-10 years on equipment
10-20 years on real estate
Up to 2-year construction period

SBA 7(a)
Loans from $350,000-$3.5 million
Purchase equipment or inventory
Purchase or expand a business
Get working capital
Refinance debt

Terms:
Up to 7 years for working capital
Up to 10 years for purchases
Up to 25 years for real estate


For more Information you may Contact to the Nearest branch of the Bank of America