Restaurant SBA 7(a) Loan Calculator
Opening a new concept or buying an existing franchise? Estimate your SBA 7(a) payments, view amortization schedules, and check the April 2026 SBA max rates.
SBA 7(a) Loan Calculator
Calculate your exact monthly payments and current SBA max rate (Based on 6.75% Prime).
Estimated Monthly Payment
Max SBA Interest Rate
Total Interest Paid
Likelihood of Approval
75/100Score is an estimate based on industry averages and loan size.
Amortization Schedule (Yearly)
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $20,091 | $38,360 | $329,909 |
| 2 | $22,471 | $35,980 | $307,438 |
| 3 | $25,134 | $33,317 | $282,304 |
| 4 | $28,112 | $30,339 | $254,192 |
| 5 | $31,443 | $27,008 | $222,749 |
| 6 | $35,168 | $23,283 | $187,580 |
| 7 | $39,335 | $19,116 | $148,245 |
| 8 | $43,996 | $14,455 | $104,249 |
| 9 | $49,209 | $9,242 | $55,040 |
| 10 | $55,040 | $3,411 | $0 |
Based on your results — what to do next:
Does your property cash flow cover this payment?
Monthly payment of $4,871 — run your rental income through the DSCR calculator to confirm lender approval.
Does the loan grow your business value?
SBA-funded growth can drive EBITDA multiples higher. See how the capital deployment affects your 2026 business valuation.
Factor loan payments into your labor budget
With $4,871/mo in debt service, make sure your fully-burdened employee costs still leave room for coverage.
SBA 7(a) Guide for Restaurants & Hospitality
Industry Insight: Restaurants & Hospitality
Restaurants are generally considered higher risk by lenders compared to other industries. To secure an SBA 7(a) loan for a restaurant, you will need a bulletproof business plan, extensive hospitality management experience, and typically a slightly higher credit score. If you are acquiring an existing profitable restaurant, the 10% down payment rule strictly applies.
What is the current SBA 7(a) Max Interest Rate?
As of April 2026, the WSJ Prime Rate sits at 6.75%. The Small Business Administration (SBA) caps the maximum amount of interest that a lender can charge you. This cap depends primarily on the size of your loan and whether you choose a fixed or variable rate. For example, for a variable rate loan over $350,000, the maximum allowable spread is 3.0% over prime, meaning your rate cannot exceed 9.75%.
Do I need a Personal Guarantee?
Yes, in almost all cases. The SBA requires an unlimited personal guarantee from anyone who owns 20% or more of the business applying for the loan. This means that if the business defaults on the loan, the lender and the SBA can come after your personal assets to recover the balance.
How long are the repayment terms?
The repayment term depends on the use of proceeds. Working capital, inventory, and business acquisitions are up to 10 years. Equipment is up to 10 years (or its useful life). Commercial real estate is up to 25 years.