by Everything you need to know.
If you’re planning a major purchase for your business, timing is everything. Understanding the SBA 504 loan timeline can help you set realistic expectations and avoid costly delays.
Typical Timeline
While the SBA can approve a loan in app in as little as 7 days once all documentation is submitted, the total process often takes longer. On average, we recommend allowing 30–45 days from application to closing.
Factors that influence timing include:
- Completeness of your application package
- Volume at the SBA Loan Processing Center
- Appraisal, environmental, and title work schedules
How to Speed Things Up
- Gather required documents early (financial statements, tax returns, project details).
- Respond quickly to lender or CDC requests.
- Choose professionals familiar with SBA lending.
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