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Types of sba Loans

SBA 7(a) Loans
SBA 7(a) Loans

SBA 7(a) loans are for a maximum of $2 million, with SBA loan guarantee of no more than $1.5 million (75 percent). The terms of SBA 7(a) loans are 25 years for real estate and equipment and 7 years for working capital. Interest rates are based on the prime rate, the size of the loan, and the maturity of the loan.

SBA Loan Programs
SBA Loan Programs

We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.

source: sba.gov