How long do SBA loans take? - SBAloans.org

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Research Team

How long do SBA loans take?

About 60 to 90 days

The entire SBA loan process generally takes about 60 to 90 days. Compared to other small business loans and alternative financing products, it can take a while to close on an SBA loan because of the high volume of paperwork and documentation that you need to provide.

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Updated on

March 27, 2022

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FAQs

What is an SBA 7a loan?What is an SBA 504 loan?What is a Microloan?

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

Learn More about 7(a) Loans

SBA 504 Loans

The 504 Loan Program is very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

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Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

Learn More about Microloans

When disaster strikes, an SBA Disaster Loan can help

Learn More about Disaster Loans