Jul 23, 2022
SBA Loan Maximum Amount: How Much Can You Get?
One of the questions I get asked time and time again is "What is
the maximum loan amount I can get with an SBA loan?"
The answer is, "It depends." Let me explain.
You can have up to $5 million in maximum loan amounts for the SBA
7a loan program. The maximum for an SBA 504 loan is also $5
million. However, because the SBA 504 is really a two-loan process,
your first loan (with the bank) can be whatever amount you
negotiate with the bank, and your SBA-guaranteed loan (the second
loan with the Certified Development Company (CDC)) maxes out at $5
million.
There are ways to get more loan proceeds from the SBA 504 Green
program. You can have up to $16.5 million in SBA financing, with
$5.5 million max per loan.
On an SBA 7(a) loan, you can pair it with a conventional commercial
loan to get more loan proceeds.
If you'd like to meet with Beau to talk financing, book a
call here
( http://bookwithbeau.com/ )