SBA 7(a) loan fit check
Five numbers, no upload. You get DSCR at the proposed structure and a Likely / Borderline / Unlikely verdict under SOP 50 10 8.1. The free version assumes an Initial Acquisition, a market salary for the operator, SBA rate of WSJ Prime (7.00%) plus the SBA maximum spread for the loan size (10.00% for loans over $350K), 10-year term, and a financed SBA guaranty fee.
Not a loan approval. Lender Preview gives an estimate for education only. It is not a loan approval, a commitment to lend, or lending, legal, tax, accounting or investment advice, and it is not an audit, attestation or valuation. Every lender applies its own credit policy. Lender Preview is not affiliated with, endorsed by, or acting for the U.S. Small Business Administration or any lender, and it takes no fees or referral payments from lenders.