SBA Loan Eligibility Screener
Check the obvious SBA fit issues before building a package
SBA eligibility has nuance, but many deals fail for simple reasons: ineligible use of proceeds, weak credit, insufficient operating history, oversized requests, or size-standard concerns. This screener catches the obvious gaps and points toward 7(a) or 504 fit.
- ✓Screens use of proceeds for common SBA fit issues
- ✓Checks simplified size, credit, time in business, and request-size thresholds
- ✓Suggests likely 7(a), 504, or review-needed status
Frequently Asked Questions
Does this replace SBA size standards?
No. Official SBA size standards depend on NAICS code and affiliation rules. This is a borrower-facing first-pass screen.
Can SBA finance investment real estate?
Generally no. SBA financing is for eligible operating businesses, not passive investment real estate.
What is the difference between 7(a) and 504?
7(a) is flexible for working capital, acquisitions, equipment, and real estate. 504 is primarily for owner-occupied real estate and major fixed assets.
Related Tools
This tool is for educational purposes only. Results do not constitute a loan offer, pre-qualification, or guarantee of financing. Consult a licensed financial professional for advice specific to your situation.