SBA 7(a) Loan Calculator
Calculate your monthly payments and total loan costs for SBA 7(a) loans up to $5 million. Get instant payment estimates.
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
Understanding SBA 7(a) Loans
SBA 7(a) loans are the most popular small business financing option, offering up to $5 million with government backing that reduces lender risk and provides better terms for borrowers.
SBA 7(a) Loan Structure
- Rates typically based on prime rate plus margin
- Rate varies by loan amount and term
- SBA guarantee reduces lender risk
- Contact lenders for specific rate quotes
Key Benefits
- Lower down payments (as low as 10%)
- Longer repayment terms (up to 25 years for real estate)
- Competitive interest rates
- Flexible use of funds
Who Qualifies for SBA 7(a) Loans?
- Small businesses that meet SBA size standards
- For-profit businesses operating in the United States
- Businesses with good credit and cash flow
- Owner investment of at least 10-15%
- Businesses not engaged in speculative activities
Common Uses for SBA 7(a) Loans
Real Estate
Purchase or refinance commercial real estate for business use.
Business Acquisition
Buy an existing business, franchise, or merge with another company.
Working Capital
Fund daily operations, payroll, inventory, and cash flow needs.
Equipment Purchase
Buy machinery, vehicles, technology, and other business equipment.
Need SBA 7(a) Financing?
Connect with a qualified lender who specializes in SBA loans and can help you explore your financing options.