SBA rules · SOP 50 10 8.1
What is the maximum SBA loan amount?
The maximum loan amount for 7(a) loans is up to $5,000,000 depending on the delivery method, while the maximum 504 gross debenture is $5,000,000, increasing to $5,500,000 for small manufacturers and eligible energy projects.
Quoted from SBA SOP 50 10 8.1Every quote checked word for word
In detail
- Standard 7(a), CAPLines, EWCP, and IT loans: Standard 7(a), CAPLines, Export Working Capital Program, and International Trade loans have a maximum loan amount of $5,000,000, though working capital within an International Trade loan is capped at $2,000,000.
- 7(a) Small, SBA Express, and Export Express: 7(a) Small loans are capped at $350,000 per project, SBA Express loans are capped at $500,000 gross ($350,000 for CA SBLCs), and Export Express loans are capped at $500,000 gross.
- MARC loans: 7(a) Manufacturers' Access to Revolving Credit loans have a maximum loan amount of $5,000,000 for manufacturers (NAICS 31-33) and $2,000,000 for all other eligible industries.
- 504 Gross Debentures: The gross debenture limit is an outstanding balance of $5,000,000 in the aggregate per small business concern and its affiliates, but increases to $5,500,000 per project for small manufacturers and eligible energy public policy projects.
- ALP Express 504 loans: An ALP Express loan under the 504 program is limited to an amount of not more than $500,000.
The source
What the SOP says
“The maximum loan amount for any one Standard 7(a) loan is $5,000,000.
“7(a) Small loans have a maximum loan amount of $350,000 per project (including other 7(a) loans made within 90 days).
“The maximum aggregate SBA Express loan amount is $500,000 (gross), inclusive of all outstanding SBA Express, Community Advantage Pilot loans, Community Express, and Patriot Express loans the Applicant and its Affiliates may have. For Community Advantage Small Business Lending Companies (CA SBLCs), the maximum loan amount to any one Borrower is limited to $350,000.7(a) Small loans are not included in this limit.
“Manufacturers (NAICS 31-33): $5,000,000. All other eligible industries: $2,000,000.
“The maximum loan amount is $5,000,000.
“The maximum loan amount is $500,000 (gross).
“The maximum loan amount is $5,000,000.
“Working capital (The maximum amount of working capital that can be included in an ITL is $2 million).
“The maximum loan amount is $5,000,000.
“For all 504 Projects, the gross debenture is limited to an outstanding maximum balance of $5,000,000 in the aggregate for each small business concern, including its affiliates, except for Eligible Energy Public Policy Projects and Projects for Small Manufacturers in c. and d. below.
“$5,500,000 maximum for each eligible project.
“$5,500,000 maximum for each eligible project, defined as a business with its primary NAICS Code in Sectors 31, 32, and 33, and all of its production facilities are located in the United States.
“An ALP Express Loan is a 504 loan in an amount that is not more than $500,000 which has been made by an ALP CDC and designated by the ALP CDC as an ALP Express Loan during submission.
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This page quotes the SBA's Standard Operating Procedure 50 10 8.1. Lenders can ask for more than the SBA minimum. It is general information, not a loan approval or legal advice.