💼 SBA Business Loan Calculator by State
Compare SBA loan programs across all 50 states. Calculate monthly payments for 7(a), 504, Microloan, and Express programs.
📈 Highest Average SBA Loans
California$585,000
New York$525,000
Massachusetts$490,000
Texas$480,000
New Jersey$475,000
💰 Most Affordable Markets
West Virginia$275,000
Wyoming$280,000
South Dakota$285,000
North Dakota$290,000
Vermont$295,000
SBA 7(a)
Up to $5,000,000
Max term: 25 years | Guaranty: 85%
Most common SBA loan. Working capital, equipment, real estate.
SBA 504
Up to $5,500,000
Max term: 25 years | Guaranty: 40%
Fixed assets: real estate, equipment. Fixed rate from CDC.
SBA Microloan
Up to $50,000
Max term: 6 years | Guaranty: 0%
Small loans up to $50K through intermediaries. Startups & small.
SBA Express
Up to $500,000
Max term: 10 years | Guaranty: 50%
Fast turnaround (36 hrs). Revolving lines of credit available.
SBA Disaster
Up to $2,000,000
Max term: 30 years | Guaranty: 0%
Low-interest loans for declared disaster recovery.
| State ↕ | Avg Loan ↕ | Rate ↕ | Top Industry | Small Businesses |
|---|---|---|---|---|
| Alabama | $371,000 | 10.5% | Manufacturing | 395K |
| Alaska | $298,000 | 11% | Oil & Gas | 72K |
| Arizona | $412,000 | 10.25% | Real Estate | 560K |
| Arkansas | $325,000 | 10.5% | Agriculture | 258K |
| California | $585,000 | 10% | Technology | 4.1M |
| Colorado | $465,000 | 10.25% | Technology | 640K |
| Connecticut | $420,000 | 10.25% | Finance | 350K |
| Delaware | $380,000 | 10.5% | Finance | 85K |
| Florida | $445,000 | 10.25% | Tourism | 2.8M |
| Georgia | $415,000 | 10.5% | Logistics | 1.1M |
| Hawaii | $395,000 | 10.75% | Tourism | 130K |
| Idaho | $340,000 | 10.5% | Agriculture | 185K |
| Illinois | $450,000 | 10.25% | Manufacturing | 1.2M |
| Indiana | $365,000 | 10.5% | Manufacturing | 530K |
| Iowa | $330,000 | 10.5% | Agriculture | 268K |
| Kansas | $340,000 | 10.5% | Agriculture | 252K |
| Kentucky | $345,000 | 10.5% | Manufacturing | 350K |
| Louisiana | $360,000 | 10.75% | Energy | 410K |
| Maine | $320,000 | 10.5% | Tourism | 145K |
| Maryland | $430,000 | 10.25% | Government | 580K |
| Massachusetts | $490,000 | 10% | Biotech | 680K |
| Michigan | $385,000 | 10.5% | Automotive | 890K |
| Minnesota | $410,000 | 10.25% | Healthcare | 530K |
| Mississippi | $295,000 | 11% | Agriculture | 248K |
| Missouri | $375,000 | 10.5% | Agriculture | 530K |
| Montana | $310,000 | 10.75% | Agriculture | 120K |
| Nebraska | $335,000 | 10.5% | Agriculture | 185K |
| Nevada | $405,000 | 10.5% | Hospitality | 290K |
| New Hampshire | $370,000 | 10.25% | Manufacturing | 140K |
| New Jersey | $475,000 | 10.25% | Pharmaceuticals | 870K |
| New Mexico | $310,000 | 10.75% | Energy | 170K |
| New York | $525,000 | 10% | Finance | 2.2M |
| North Carolina | $400,000 | 10.25% | Technology | 920K |
| North Dakota | $290,000 | 10.75% | Energy | 78K |
| Ohio | $380,000 | 10.5% | Manufacturing | 960K |
| Oklahoma | $335,000 | 10.5% | Energy | 350K |
| Oregon | $410,000 | 10.25% | Technology | 400K |
| Pennsylvania | $420,000 | 10.25% | Healthcare | 1.1M |
| Rhode Island | $355,000 | 10.5% | Healthcare | 100K |
| South Carolina | $370,000 | 10.5% | Manufacturing | 430K |
| South Dakota | $285,000 | 10.75% | Agriculture | 92K |
| Tennessee | $395,000 | 10.5% | Healthcare | 600K |
| Texas | $480,000 | 10% | Energy | 2.9M |
| Utah | $425,000 | 10.25% | Technology | 320K |
| Vermont | $295,000 | 10.5% | Tourism | 78K |
| Virginia | $445,000 | 10.25% | Government | 740K |
| Washington | $475,000 | 10% | Technology | 640K |
| West Virginia | $275,000 | 11% | Energy | 130K |
| Wisconsin | $370,000 | 10.5% | Manufacturing | 480K |
| Wyoming | $280,000 | 10.75% | Energy | 68K |