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) LoansSBA 7(a) Small Loans SBA Express Loans 
Loan Max$5,000,000$350,000$350,000
Processing Time45 – 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) loans50%
Guaranty Fee

0% if loan <$150K

2.75% – 3% if loan >$150K

plus ongoing fee of .546%

Same as SBA 7(a) loansSame as SBA 7(a) loans
Loan Maturity5 -10 yrs; real estate 25 yrsSame as SBA 7(a) loans Up to 7 years
PaperworkMost time consumingLess time consuming Least time consuming