Determining Remaining SBA Borrowing Power

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by an investor from The University of Arizona - Eller College of Management
in Chicago, IL, USA

2yrs ago

Determining Remaining SBA Borrowing Power

Does anyone have a suggestion for the best way to confirm the amount of SBA Borrowing Power or 'Dry Powder' I have available? I have access to the MYSBA portal and see the 7A loans that I'm a guarantor on as well as some of the searchfund investments I have made but as far as I can tell there is no way to get a 'you can borrow this much' figure. I have called the SBA hotlines and spoken to the regional offices and this question seemed to puzzle them.

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reply by a lender 2yrs ago
from California State University, Sacramento in Seattle, WA, USA

Couple of things….

1. Sba now allows an additional $5M of loan amount if you’re looking to acquire in a different NAICS code.

2. only the dollars that you personally GTY go against your SBA limits. If you are an investor in other deals at under 20% ownership those won’t go against the max lending limits.

reply by an intermediary 2yrs ago
from Clemson University in Raleigh, NC, USA

The SBA will guarantee up to $5 million in loan amount. To calculate your remaining guarantee limit, subtract the current outstanding principal and subtract it from $5 million. There is not a guideline limit to the number of loans that comprise the $5 million maximum, but there are other guidelines to consider such as being full-time active in the business which generally requires subsequent loans to be complimentary to the initial acquisition.