The amount of a small business loan can vary widely depending on the lender, loan type, and the business's financial condition. Here are some key figures for 2025:
- The average small business loan amount is about $437,482 according to the U.S. Small Business Administration (SBA) data.
- Bank loans typically range from $10,000 to $5 million.
- SBA loan types and their average amounts:
- Standard 7(a) loan: $760,712 (max $5 million)
- Express loan: $107,424 (max $500,000)
- Export Express: $267,059 (max $500,000)
- 504 loan: $1,138,449 (max $5.5 million)
- CAPLines: $1,015,103 (max $5 million)
- Online and short-term loans may range from $5,000 to $750,000.
- Business lines of credit can be up to $1 million.
- Microloans average around $13,000.
The final loan amount you may receive depends on factors like your business revenue, credit score, existing debt, and lender policies. Lenders also typically do not approve the full amount applied for; about 39% of loans get fully approved and 30% partially approved. So, a "small business loan" can mean a wide range from around $10,000 for smaller loans or microloans up to several million for larger SBA-backed loans, with an average around $437,000 to $660,000 depending on the source.