SBA Lending Gets a Shot in the Arm as Cumulative Loan Limits Double to $10 Million

The U.S Small Business Administration has announced a new rule that will allow eligible borrowers to access up to $5 million through the SBA 7(a) loan program and up to $5 million through the SBA’s 504 loan program.  Previously regulators had the loans coupled at a $5 million dollar limit.

“This means increased access to capital for business owners who are in growth mode and at Mission, there are plenty.” says Mission Bank Chief Banking Officer Bryan Easterly. “Industries like manufacturing, construction, logistics, wholesale and distribution and more all stand to benefit and that means forward economic momentum not only for our customers but for the vibrant and prosperous communities we serve.”

The new rule goes into effect on July 4, 2026. According to a statement from the U.S Small Business Administration, Administrator Kelly Loeffler says these changes are all about bolstering the American business owner. 

“Amid record small business formation, job growth that continues to exceed expectations, and a surge in demand for Made in America, the agency is committed to supplying small businesses with the funding to hire, expand, and increase production. This Administration is empowering job creators, particularly manufacturers, to invest in American workers, rebuild our industrial strength, and grow the small business economy.”

About SBA 7(a) and 504 Loan Programs

The SBA 7(a) Program is a private/public partnership which offers government-regulated loans to help small businesses finance equipment purchases, real estate, and business expansion, and access working capital.

The SBA 504 Loan Program provides long-term, fixed rate financing for major fixed assets that promote business and job growth.