SBA estimated Fees & Interest Rates

General Small Business Loans: SBA 7(a) Loan

 The 7(a) Loan Program, SBA’s most common loan program, includes financial help for businesses with special requirements.  Loan amounts up to $5M, with rates starting LIBOR + 2.75%.  Easy to qualify for, but will take some preparation.

  • 7(a) Loan Program Eligibility

    SBA provides loans to businesses; so the requirements of eligibility are based on specific aspects of the business and its principals.  Most business owners are eligible, they must be in a FOR PROFIT business, and do not owe the government any delinquent losses.

  • Use of 7(a) Loan Proceeds

    If you are awarded a 7(a) loan, the loan proceeds may be used to establish a new business or to assist in the acquisition, operation, or expansion of an existing business.  You can even buy or build real estate including the land purchase.

  • 7(a) Loan Amounts, Fees & Interest Rates

    The specific terms of SBA loans are negotiated between a borrower and an SBA-approved lender. In general, the following provisions apply to all SBA 7(a) loans.