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SBA Loan Calculator
Calculate Your SBA Loan Payments and Find the Right Financing Solution for Your Business Growth
Calculate your loan
Loan Details
These calculations are estimates only. Final terms are subject to SBA approval and underwriting review.
See If You Qualify
Answer 4 quick questions to check your eligibility
Takes 30 seconds - No impact on credit score
Question 1 of 4
Great News! You May Qualify
Based on your answers, you appear to meet our initial requirements for an SBA Loan. Complete your application to get your personalized offer.
Enter Your Information
Get your personalized offer in 24 to 48 hours
This is not an approval. Final funding decisions are subject to underwriting review and approval.
We're Here to Help
Based on your answers, you may not meet our standard requirements for this funding option right now. However, you may still qualify for other financing options!
Minimum requirements for this funding option:
- At least 1 year in business
- Minimum $15,000 monthly revenue
- Credit score of 600 or higher
What is an SBA Loan?
An SBA (Small Business Administration) loan is a government-backed financing option designed to help small businesses access capital with favorable terms. These loans offer longer repayment periods, lower down payments, and competitive interest rates compared to traditional bank loans. The SBA guarantees a portion of the loan, reducing the lender's risk and making it easier for businesses to qualify. SBA loans are ideal for business expansion, equipment purchases, real estate acquisition, working capital, and refinancing existing debt. With terms up to 25 years and flexible use of funds, SBA loans provide the stability and resources your business needs to grow.
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Get your personalized SBA loan offer in just 60 seconds. No obligation, no credit check.
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How the SBA Loan Calculator Works
It only takes a minute. Follow these steps to see your estimated monthly payments.
Pick Your Loan Amount
Use the slider to choose how much money your business needs. SBA loans are available from $50,000 up to $5,000,000.
Set Your Interest Rate
The interest rate decides how much extra you pay over time. SBA loan rates typically range from 6% to 13%. If you are not sure, 9% is a good starting point.
Choose Your Loan Term
Pick how many years you want to take to pay back the loan. SBA loans can go up to 25 years, which helps keep your monthly payments low.
Check Your Numbers
The calculator instantly shows your monthly payment, total repayment, and total interest cost. Move the sliders to compare different options.
See If You Qualify
Answer 4 quick questions to check if your business meets the basic requirements for an SBA loan. It takes about 30 seconds.
Request Your Offer
When the numbers look right, submit your information to get a personalized offer. Our team will review your file and get back to you within 24 hours.
SBA Loan Types and Current Rate Ranges
Not all SBA loans work the same way. Here is how the most common programs compare as of 2026.
| Loan Type | Current Rate Range | Max Amount | Max Term | Best For |
|---|---|---|---|---|
| SBA 7(a) | 9.75% to 14.75% | $5,000,000 | 25 years | Working capital, equipment, expansion, acquisitions |
| SBA 504 | 5% to 7% | $5,500,000 | 25 years | Commercial real estate, heavy equipment, major fixed assets |
| SBA Express | Up to 13.25% | $500,000 | 10 years | Faster decisions, revolving credit lines, smaller amounts |
| SBA Microloan | 8% to 13% | $50,000 | 6 years | Startups, very small businesses, nonprofit lenders |
SBA 7(a)
9.75% – 14.75%
SBA 504
5% – 7%
SBA Express
Up to 13.25%
SBA Microloan
8% – 13%
Rates as of June 2026 based on a prime rate of 6.75%. Actual rates vary by lender, loan size, and borrower qualifications. SBA 7(a) rates are variable and tied to the Wall Street Journal Prime Rate.
Not sure which SBA loan is right for you? Use the calculator above to estimate your payments, then request an offer and our team will walk you through your options.
SBA Loan vs Conventional Loan
SBA loans are not right for every situation. Here is how they compare so you can choose the right fit.
| SBA Loan | Conventional Business Loan | |
|---|---|---|
| Interest Rate | 5% to 14.75% depending on type | 7% to 30%+ depending on lender |
| Down Payment | 10% minimum for most loans | 20% to 30% typical |
| Repayment Term | Up to 25 years | 1 to 10 years typical |
| Approval Time | 30 to 90 days | 1 to 4 weeks typical |
| Credit Score | 680+ personal, 165+ FICO SBSS | 680+ typical, varies by lender |
| Collateral | Required for loans over $50,000 | Usually required |
| Government Guarantee | Yes, up to 85% of loan amount | No |
| Best For | Lower rates, longer terms, businesses needing more flexibility | Faster access, simpler process, established businesses with strong credit |
Need funding faster than an SBA loan allows? A merchant cash advance can fund in 24 to 48 hours with no collateral required. See what you qualify for →
Where Does Your Monthly Payment Go?
Every SBA loan payment is split between two things: paying off what you borrowed, and paying the bank for lending it to you.
In the beginning, most of your payment goes to interest — the cost of borrowing. Over time, more goes to paying down the loan itself. By year 10, almost all of it is principal.
These numbers are estimates based on a fixed rate of 9.75%. Real SBA 7(a) loans usually have variable rates, so your actual payments may go up or down slightly over time.
Want to see what your loan would look like? Use the calculator above to plug in your own numbers, then request a personalized offer →
Frequently Asked Questions
Have questions about SBA loans? We have got answers.
An SBA loan is a business loan that is backed by the U.S. Small Business Administration. Because the government guarantees part of the loan, lenders take on less risk, which means you can get lower interest rates and longer repayment terms than a regular bank loan. SBA loans are a great option for businesses that want affordable, long-term funding.
SBA loans typically range from $50,000 up to $5,000,000 depending on the type of loan and your business profile. The most common SBA loan, the 7(a), goes up to $5 million. The amount you qualify for depends on your revenue, credit score, and how long you have been in business.
Most lenders look for a credit score of at least 650 to 680 for an SBA loan. A higher score gives you a better chance of approval and a lower interest rate. If your score is below 650, you may still have options. Talk to our team and we can help you figure out the best path forward.
SBA loans typically take 2 to 4 weeks from start to finish. This includes the application review, pre-approval, document collection, and final funding. It is longer than other funding options, but the lower rates and longer terms make it worth the wait for many businesses.
To get started, you will need your last 3 months of business bank statements and a completed application. For the full SBA process, you will also need 2 years of business and personal tax returns, a profit and loss statement, and a balance sheet. Our team will walk you through exactly what is needed at each step.
SBA loans are very flexible. You can use them to buy equipment, cover working capital, purchase real estate, hire staff, expand your location, or refinance existing debt. As long as the funds are used for legitimate business purposes, most uses are allowed.
An SBA loan has lower costs and longer repayment terms, but it takes more time and requires more paperwork to qualify. A merchant cash advance is much faster, sometimes funded the same day, and easier to qualify for, but the cost is higher. If you need money quickly, an MCA may be a better fit. If you want the lowest possible rate and have time to wait, an SBA loan is worth exploring.
No. We use a soft credit check during the initial review, which does not affect your credit score. A hard pull may happen later in the full SBA process, but we will let you know before that happens so there are no surprises.
It only takes a few minutes. No impact on your credit score.