SBA Loan programs at a glance

There are many SBA loan programs, but the SBA’s 7(a) program loans are the vast majority of all loans. Contact us if you need any clarity on any of these programs.

  Small Business Administration (SBA) Loan Programs
  SBA 7(a) Loans SBA 7(a) Small Loans  SBA Express Loans 
Loan Max $5,000,000 $350,000 $350,000
Processing Time 45 – 90 days (or longer) 45 – 90 days (or longer)  <36 hours
Interest Rate

Maturity <7 yrs = Prime +2.25%-4.25%

Maturity  7+yrs = Prime +2.75% – 4.75%

Same as SBA 7(a) loans

<$50K – prime +6.5%

>$50K – prime +4.5%

SBA Guaranty

85% if loan <$150K

75% if loan >$150K

Same as SBA 7(a) loans 50%
Guaranty Fee

0% if loan <$150K

2.75% – 3% if loan >$150K

plus ongoing fee of .546%

Same as SBA 7(a) loans Same as SBA 7(a) loans
Loan Maturity 5 -10 yrs; real estate 25 yrs Same as SBA 7(a) loans  Up to 7 years
Paperwork Most time consuming Less time consuming  Least time consuming