SBA Loan Calculator
An SBA loan calculator helps small businesses evaluate Small Business Administration financing and calculate loan payments. Calculate SBA loan costs, cash flow impact, and repayment schedules for SBA 7(a), SBA 504, and SBA microloans for small business growth and expansion.
SBA Loan Calculator
Use this calculator for SBA 7(a) loans, SBA 504 loans, and SBA microloans.
Results:
| Monthly Payment | $4,850.00 |
| Total Interest | $232,000.00 |
| Total Amount Paid | $582,000.00 |
| SBA Guarantee Fee | $10,500.00 |
| Cash Flow Impact | 4.9% of Revenue |
| Debt Service Coverage | 2.1x |
| Loan-to-Value Ratio | 90.0% |
| SBA Eligibility | Qualified |
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| View Amortization Schedule | |
SBA 504 Loan Calculator
Calculate SBA 504 loan structure and payments for real estate and equipment financing.
Results:
| First Mortgage Payment | $6,200.00 |
| SBA 504 Payment | $3,020.00 |
| Total Monthly Payment | $9,220.00 |
| Total Interest (First) | $244,000.00 |
| Total Interest (SBA 504) | $324,800.00 |
| Total Project Cost | $1,568,800.00 |
| Effective Interest Rate | 7.3% |
| SBA 504 Advantage | $85,000 Savings |
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| View SBA 504 Analysis | |
SBA Microloan Calculator
Calculate SBA microloan payments and benefits for small business startup and growth financing.
Results:
| Monthly Payment | $620.00 |
| Total Interest | $9,640.00 |
| Total Amount Paid | $44,640.00 |
| Technical Assistance Cost | $2,500.00 |
| Total Program Cost | $47,140.00 |
| Approval Likelihood | High |
| Processing Time | 30-60 days |
| Microloan Advantage | Mentoring Included |
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| View Microloan Analysis | |
Understanding SBA Loans
SBA loans provide government-backed financing for small businesses with favorable terms and lower down payments. Understanding SBA loan types, qualification requirements, and benefits helps make informed small business financing decisions.
| SBA Loan Type | Max Amount | Down Payment | Term Range | Best For |
|---|---|---|---|---|
| SBA 7(a) Standard | $5 million | 10-15% | Up to 25 years | Working capital, equipment |
| SBA 7(a) Express | $500,000 | 10-15% | Up to 25 years | Fast approval needed |
| SBA 504 | $5.5 million | 10% | 10/20 years | Real estate, equipment |
| SBA Microloan | $50,000 | 0-10% | Up to 6 years | Startups, small needs |
SBA 504 Loan Structure
SBA 504 loans offer unique financing structure with low down payments and long-term fixed rates for real estate and equipment.
SBA 504 Financing Structure
| Component | Percentage | Typical Rate | Term |
|---|---|---|---|
| Down Payment | 10% | N/A | N/A |
| First Mortgage | 50% | Market rate | 10 years |
| SBA 504 Debenture | 40% | Below market | 20 years |
| Total Financing | 90% | Blended rate | Mixed terms |
SBA Loan Qualification Requirements
SBA loans have specific qualification criteria that businesses must meet to be eligible for government-backed financing.
SBA Eligibility Requirements
| Requirement | SBA 7(a) | SBA 504 | Microloan |
|---|---|---|---|
| Business Size | SBA size standards | SBA size standards | Small business |
| Credit Score | 680+ | 680+ | 640+ |
| Down Payment | 10-15% | 10% | 0-10% |
| Collateral | Required | Real estate/equipment | Limited |
SBA Loan Benefits and Considerations
SBA loans offer unique advantages and considerations for small business financing and growth capital.
Benefits and Considerations
- Benefits: Lower down payments, longer terms, competitive rates, government backing, flexible use
- SBA Advantages: 75-90% guarantee, reduced lender risk, favorable terms, technical assistance
- Best For: Small businesses, startups, real estate purchases, equipment financing, working capital
- Considerations: Longer approval process, SBA fees, personal guarantees, collateral requirements
- SBA 504 Benefits: Low down payment, long-term fixed rates, real estate focus, job creation
- Microloan Advantages: Small amounts, mentoring included, startup friendly, flexible terms