SBA Loan Prequalification Calculator
Estimate your SBA loan purchasing power, monthly payments, and qualification status for acquiring Golden Meadows Residential Care Facility
Cash or liquid assets available for down payment
Leave blank to use maximum purchasing power
Used to calculate Debt Service Coverage Ratio (DSCR)
Enter your financial information and click "Calculate" to see your SBA loan eligibility
Purchasing Power Formula
Estimated using the liquidity × 10 × 85% rule, which is commonly referenced by SBA lending practitioners. This provides a conservative estimate of your maximum loan capacity based on available liquid assets.
Monthly Payment Calculation
Calculated using the standard amortization formula that accounts for principal and interest over the loan term. This is the same formula used by most financial institutions.
SBA Guarantee Fee
Fee rates vary by loan size: 2% for loans ≤ $150k, 3% for $150,001–$700k, and 3.5% on the first $1M plus 3.75% on amounts over $1M. The SBA guarantees 85% of loans ≤ $150k and 75% of larger loans.
Debt Service Coverage Ratio (DSCR)
DSCR is calculated as Net Operating Income divided by Annual Debt Service. Most SBA lenders require a minimum DSCR of 1.25, meaning your income should be at least 25% higher than your debt payments.
Important Disclaimer
This calculator provides estimates for planning purposes only and should not be considered financial advice. Actual loan terms, rates, and approval depend on many factors including creditworthiness, business history, collateral, and lender requirements. Please consult with an SBA-approved lender or financial advisor for personalized guidance.
Ready to Move Forward?
If your numbers look good, the next step is to submit a Letter of Intent for Golden Meadows Residential Care Facility. Rod Medallon will work with you to connect with SBA-approved lenders and navigate the financing process.