SBA Loans for Restaurants Calculator
Calculate SBA loan payments specifically for restaurants and food service businesses. Get funding for equipment, renovation, working capital, and expansion.
Restaurant SBA Loan Examples
See real SBA loan payment examples for common restaurant financing needs. These calculations use current market rates and typical terms for food service businesses.
| Loan Amount | Rate | Term | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|---|---|
| $150,000 | 10.5% | 10 years | $1,982 | $87,840 | $237,840 |
| $350,000 | 10.25% | 10 years | $4,647 | $207,640 | $557,640 |
| $500,000 | 10.0% | 15 years | $5,374 | $467,320 | $967,320 |
| $750,000 | 9.75% | 20 years | $7,244 | $988,560 | $1,738,560 |
Restaurant SBA Loan Scenarios
Kitchen Equipment Package
$150,000 for commercial kitchen equipment
Restaurant Renovation
$350,000 for buildout and renovation
Working Capital & Inventory
$200,000 for operations and inventory
Restaurant Acquisition
$500,000 to buy existing restaurant
Multi-Location Expansion
$750,000 for second location
Franchise Purchase
$400,000 for franchise restaurant
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
SBA Loans for Restaurants: Industry Guide
Restaurant SBA Loan Requirements
- • Experience: Restaurant/food service management experience preferred
- • Credit Score: 680+ for best terms, 620+ minimum
- • Down Payment: 10-15% typical for restaurant loans
- • Cash Flow: Demonstrate ability to service debt
- • Business Plan: Detailed plan with market analysis
- • Permits: All required licenses and permits
Common Restaurant Loan Uses
- • Kitchen Equipment: Ovens, fryers, refrigeration, dishwashers
- • Dining Room: Tables, chairs, lighting, decor
- • Technology: POS systems, online ordering, delivery apps
- • Renovation: Buildout, HVAC, plumbing, electrical
- • Working Capital: Inventory, payroll, marketing
- • Real Estate: Purchase restaurant building
Restaurant Industry Considerations
Seasonal Cash Flow
Plan for slower periods and seasonal fluctuations. Many restaurants see reduced sales in January-February and during summer months depending on location.
High Operating Costs
Food costs typically 28-35% of revenue, labor 25-35%. Factor these into your cash flow projections when calculating loan affordability.
Equipment Depreciation
Restaurant equipment depreciates quickly. Consider equipment condition and replacement schedules in your financing plan.
Location Importance
Location is critical for restaurant success. Lenders will evaluate foot traffic, demographics, and competition in your area.
Related Restaurant Financing Resources
SBA 7(a) Calculator
General SBA 7(a) calculator for all business types and loan purposes.
Calculate SBA 7(a) Payments →Restaurant SBA Eligibility
Check if your restaurant qualifies for SBA loans and see your eligibility score.
Check My Eligibility →Restaurant Business Plan
Create a professional business plan for your restaurant SBA loan application.
Build Business Plan →Ready to Finance Your Restaurant?
SBA loans offer the best terms for restaurant financing. Connect with an SBA-approved lender who specializes in restaurant and food service businesses.