SBA Loan Calculator — Calculate Small Business Administration Loan Payments

SBA Loan Calculator

Calculate your Small Business Administration loan payments, total interest, and amortization schedule for SBA 7(a), 504, and microloan programs.

Step 1: Loan Details

$100,000
6.5%
10 years

About SBA Loans

SBA loans are government-backed loans designed to help small businesses with favorable terms. SBA 7(a) loans are the most common, while 504 loans are for real estate and equipment.

Step 2: Business Details

10%

SBA Loan Requirements

SBA loans typically require a personal guarantee, good credit history, and a viable business plan. Down payments vary from 10-30% depending on the loan type and business qualifications.

SBA Loan Payment Results

Summary
Loan Comparison
Amortization

Monthly Payment

$1,140
Based on $100,000 loan at 6.5% for 10 years
Total Loan Amount
$100,000
Total Interest Paid
$36,800
Total Payment
$136,800
Down Payment
$10,000

SBA Loan Type Comparison

Loan Type Max Amount Max Term Monthly Payment Total Interest

Amortization Schedule (First 12 Months)

Loan Payment Formula

Monthly Payment = P × [r(1+r)^n] / [(1+r)^n – 1]
Where P = Principal, r = Monthly Interest Rate, n = Total Payments

Need Professional SBA Loan Assistance?

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