$100K SBA Loan Calculator
Calculate exact monthly payments for a $100,000 SBA loan. See how different terms and rates affect your payments and total costs.
$100,000 SBA Loan Payment Examples
Here are the exact monthly payments for a $100,000 SBA loan at different terms and rates. These examples use current market rates for qualified borrowers.
Loan Amount
$100,000
Rate
11.0%
Term
7 years
Total Interest
$31,460
Total Cost
$131,460
Monthly Payment
$1,565
Loan Amount
$100,000
Rate
10.5%
Term
10 years
Total Interest
$58,520
Total Cost
$158,520
Monthly Payment
$1,321
Loan Amount
$100,000
Rate
10.0%
Term
15 years
Total Interest
$93,500
Total Cost
$193,500
Monthly Payment
$1,075
Loan Amount
$100,000
Rate
9.5%
Term
20 years
Total Interest
$123,680
Total Cost
$223,680
Monthly Payment
$932
| Loan Amount | Rate | Term | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|---|---|
| $100,000 | 11.0% | 7 years | $1,565 | $31,460 | $131,460 |
| $100,000 | 10.5% | 10 years | $1,321 | $58,520 | $158,520 |
| $100,000 | 10.0% | 15 years | $1,075 | $93,500 | $193,500 |
| $100,000 | 9.5% | 20 years | $932 | $123,680 | $223,680 |
$100K Loan Payment Breakdown
7-Year Term
$1,565
per month
Fastest payoff, highest payment
10-Year Term
$1,321
per month
Most popular term
15-Year Term
$1,075
per month
Lower payment, more interest
20-Year Term
$932
per month
Lowest payment option
What Can You Do with a $100K SBA Loan?
Equipment Purchase
Buy essential business equipment
Examples: Machinery, vehicles, computers, POS systems
Term: 7-10 years typical for equipment
Payment: $1,321-$1,565/month
Benefit: Equipment serves as collateral
Working Capital
Fund daily operations and growth
Examples: Inventory, payroll, marketing, rent
Term: 7-10 years for working capital
Payment: $1,321-$1,565/month
Benefit: Flexible use of funds
Business Expansion
Grow your existing business
Examples: New location, additional staff, marketing
Term: 10-15 years for expansion
Payment: $1,075-$1,321/month
Benefit: Longer terms available
Debt Consolidation
Consolidate high-interest debt
Examples: Credit cards, merchant cash advances
Term: 10-20 years for debt consolidation
Payment: $932-$1,321/month
Benefit: Lower rates than credit cards
Renovation/Buildout
Improve your business space
Examples: Office renovation, retail buildout
Term: 10-15 years for improvements
Payment: $1,075-$1,321/month
Benefit: Improvements add value
Franchise Investment
Start a franchise business
Examples: Franchise fee, initial inventory, equipment
Term: 7-10 years typical
Payment: $1,321-$1,565/month
Benefit: Proven business model
Loan Details
Maximum: $5,000,000
Typical range: 9.5% - 10.5%
Auto-set based on loan purpose (Real Estate: 25 years, Others: 10-15 years)
Quick Select Amount:
SBA 7(a) Loan Key Features
Loan Details
- • Loan amounts up to $5 million
- • Terms up to 25 years for real estate
- • Terms up to 10 years for equipment/working capital
- • SBA guarantees 75-85% of the loan
Typical Rate Structure
- • Loans ≤ $50K: Prime + 3.5% to 4.25%
- • Loans $50K-$250K: Prime + 2% to 2.75%
- • Loans $250K-$5M: Prime + 3% max
- • Rate varies by lender and qualifications
Qualifying for a $100K SBA Loan
Credit Score Requirements
720+ Credit Score
Excellent chance of approval at best rates (9.5-10.5%)
680-719 Credit Score
Good chance of approval at standard rates (10.0-11.0%)
640-679 Credit Score
Possible approval with higher rates (11.0-12.0%)
Below 640 Credit Score
Difficult to qualify, consider credit repair first
Cash Flow Requirements
Debt Service Coverage Ratio (DSCR)
Your business cash flow should be at least 1.25x your total debt payments.
Example: If your monthly payment is $1,321, you need at least $1,651 in monthly cash flow available for debt service.
Time in Business
- • 2+ years: Standard qualification
- • 1-2 years: Possible with strong financials
- • Under 1 year: Very difficult to qualify
Down Payment & Collateral for $100K Loans
Equipment Loans
Down Payment: 10-15% ($10K-$15K)
Collateral: Equipment being purchased
LTV: Up to 85-90% of equipment value
Working Capital
Down Payment: 10-25% ($10K-$25K)
Collateral: Business assets, personal guarantee
Security: UCC lien on business assets
General Business
Down Payment: 10-15% ($10K-$15K)
Collateral: Available business/personal assets
Guarantee: Personal guarantee required
What Affects Your $100K SBA Loan Rate?
Rate Factors
- • Credit Score: Higher scores = lower rates
- • Time in Business: Longer history = better rates
- • Cash Flow: Strong cash flow = lower risk
- • Collateral: Good collateral = better terms
- • Industry: Some industries get better rates
- • Loan Purpose: Equipment loans often get best rates
- • Down Payment: Higher down payment = lower rate
Current Rate Environment
Prime Rate: ~8.5%
Base rate for SBA loans
SBA Margin: 2.75-6.75%
Added to prime rate
Typical Range: 9.5-12.0%
For $100K loans
Related $100K Loan Resources
Check Your Eligibility
See if you qualify for a $100K SBA loan and get your eligibility score.
Check My Eligibility →SBA vs Conventional Loans
Compare $100K SBA loans vs conventional business loans to see savings.
Compare Options →SBA Loan Application Guide
Step-by-step guide to applying for your $100K SBA loan.
Learn Application Process →Ready to Apply for Your $100K SBA Loan?
A $100,000 SBA loan can provide the capital you need to grow your business. Connect with experienced SBA lenders to get started with your application.