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SBA 7(a) Loan Program

The 7(a) Loan Program is the most common of all SBA loans. You can use this loan to start, expand, or even purchase a business; pay rent or buy inventory; pay contract employees; and take care of expenses. Here are the details:

About SBA 7(a) Loans
Loan amount: Up to $5 million
Terms: Up to 25 years
Pricing: Fixed and variable rate options
Structure:

SBA guarantees up to 85% for loans of $150,000 or less;
75% guaranty for loans greater than $150,000 (up to $3.75 million maximum guaranty) 

Additional info:

Fully amortized loans with no balloon payments


Contact a CoastHills Business Banking representative today

 

Business Resources

  • Watch the latest videos explaining SBA loans in detail. view
  • SBA 7(a) loan application checklist. Click here, to view.

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