SBA Loan Calculator

It depends on what you are financing. Owner-occupied commercial real estate can be financed at up to 100% for qualified established businesses. Business acquisitions and startups require a minimum 10% equity injection — and on an acquisition, a seller note on full standby can cover half of that, bringing your own cash contribution to as little as 5%. On a startup, the injection can be sourced from a family gift. Expansion projects for strong existing businesses may also qualify for 100% financing. Structures vary by lender and program, so an SBA specialist should confirm what your specific deal requires before you sign anything.

SBA loan pricing is quoted as Prime plus a spread, negotiated with your lender but capped by the SBA. Variable rates reset whenever Prime moves. The caps run from Prime + 3% on loans above $350,000, to Prime + 4.5% from $250,001 to $350,000, Prime + 6% from $50,001 to $250,000, and Prime + 6.5% on loans of $50,000 or less. Those are ceilings, not prices — lenders frequently charge less for strong businesses.

The SBA charges a one-time guarantee fee on the guaranteed portion of the loan, not on the full loan amount. For fiscal year 2026 it runs 2% on loans of $150,000 or less, 3% from $150,001 to $700,000, and above that 3.5% on the first $1 million of the guaranteed portion plus 3.75% on anything beyond. It can usually be financed into the loan rather than paid at closing, which is how most borrowers handle it.

Generally yes. Lenders take a security interest in business assets on loans over $50,000, and commercial real estate is pledged when it is part of the project. Collateral shortfalls are not automatically disqualifying — the SBA guarantee exists precisely so that lenders can approve businesses that would be short of collateral for a conventional loan.

Yes. A personal guarantee is required from every owner of 20% or more. That is a standard SBA requirement rather than a lender preference, and it applies across the 7(a) and 504 programs.

Most do not. The exception is 7(a) loans with a term of 15 years or longer, which carry a declining prepayment penalty during the first three years — 5%, then 3%, then 1% — and only if you prepay more than 25% of the balance in a given year. Shorter-term 7(a) loans can be paid off early without a penalty.

Yes. SBA loans can be refinanced into a new SBA loan or into conventional financing, and SBA proceeds can also be used to refinance existing business debt — including higher-cost short-term debt — when the refinance produces a clear benefit to the business. Whether it makes sense depends on your current rate, remaining term, any prepayment penalty, and the fees on the new loan. An SBA specialist can run the comparison.

It depends on the size and the use of funds. Smaller working-capital requests can close in as little as 14 days through expedited programs. Real estate and acquisition deals are more document-intensive and typically run 60 to 90 days. If your timeline is measured in days rather than months, Coast’s Working Capital and Business Loan programs can fund in as little as 24 hours.*

The 7(a) is the SBA’s flagship program and the one most businesses use — flexible funding for working capital, acquisitions, equipment, refinancing and real estate, up to $5 million. The 504 is purpose-built for major fixed assets: owner-occupied commercial real estate, ground-up construction and heavy machinery, typically at a lower fixed rate over 25 years. Real estate financed under either program must be at least 51% occupied by your own business. As of July 2026 a borrower can combine a 7(a) and a 504 for up to $10 million in total SBA-backed financing.