SBA and USDA Loan Programs Comparison

SBA 7(a) USDA B&I
Size Up to $5,000,000 Up to $10,000,000
Term Up to 25 years for real estate

Up to 15 years for machinery

Up to 10 years for working capital

Up to 25 years for real estate

Up to 15 years for machinery

Up to 7 years for working capital

Location Rural and urban Generally rural
Fees SBA fee varies by loan size USDA fee varies by loan size