SBA 7(a) Loans: A White Paper

An exhaustively researched guide to SBA 7a loans.


The SBA’s 7a loan guaranty program is the agency’s flagship loan program, named after Section 7(a) of the Small Business Act of 1953, which authorizes the SBA to provide business loans and loan guarantees to American small businesses. Roughly 80% of all SBA lending is through the 7a program.

  • Amounts up to $5MM to eligible businesses
  • Terms up to 10 years for business acquisition and expansion
  • Terms up to 25 years for owner-occupied real estate

Use the links to the right to learn more about how the SBA 7a loan program works and how to determine your eligibility and fit.

How Big is the SBA 7a Loan Program?

In Fiscal Year 2017 (October 1 – September 30, 2018), the SBA approved 62,430 7a loans totaling $25.4 billion dollars. The average approved 7a loan amount was $408,000 dollars. (Source – Report from the Congressional Research Service, 9/17/18). In contrast, the SBA 504 program approved loans totaling $5 billion.

SBA 7a Program Growth Over Time

The importance of small business health and growth to the US economy is undisputed. Congress regularly approves legislation that increases the 7a program’s authorization limit on disbursements:

from $18.75 billion in FY2014
to $23.5 billion in FY2015
to $26.5 billion in FY2016
to $27.5 billion in FY2017
and to $29.0 billion in FY2018

View our SBA White Paper sources.

Contact Us

You need a strategic, cost effective solution to your financing needs and a funding partner you can trust. Let us put our decades of banking and structuring experience to work for you – with no upfront fees. Contact Speritas Capital Partners about your eligibility for an SBA loan today.


© 2018 Speritas Capital Partners LLC | All Rights Reserved