SBA Doubles Combined Loan Limits of 7(a) and 504 Loans to $10 Million

Kelly Loeffler, head of the Small Business Administration, speaks with EpochTV’s “American Thought Leaders” at her office in Washington on Jan. 7, 2026. Madalina Kilroy/The Epoch TimesThe Small Business Administration (SBA) has initiated a new rule that allows eligible borrowers to get up to $10 million in combined financing from 7(a) and 504 loan programs, the agency said in a May 18 statement.The 7(a) initiative is the SBA’s primary business loan program that provides financial assistance to small businesses and has a maximum disbursal limit of $5 million per borrower. The 504 program provides long-term, fixed-rate loans for major fixed assets, such as land, new facilities, and machinery. The maximum 504 loan limit is $5.5 million.