SBA Loans for Private Schools
2,091 SBA loans have funded private schools nationwide, averaging $793K across 461 active SBA lenders, at an average note rate of 7.0%. SBA 7(a) loans up to $5M fund acquiring or expanding a private school and owner occupied campus real estate; SBA 504 loans cover owner occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and sources capital for a private school.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 611110), 2000 to present.
2,091
SBA Loans Funded
$793K
Average Loan
7.0%
Avg Note Rate
17 yrs
Avg Term
461
Active Lenders
8.4%
Charge Off Rate (resolved loan basis)
What private schools use SBA loans for
Where private schools get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 373 | $325.0M |
| Texas | 261 | $299.5M |
| Florida | 225 | $222.2M |
| Arizona | 107 | $97.3M |
| Georgia | 87 | $84.5M |
Talk to PeerSense about SBA capital for a private school.
Tell us your loan amount and use of funds. PeerSense sources capital for a private school, anywhere in the US.
SBA 7(a) / 504, Private Schools: The desk will reach out. No obligation.
How private schools qualify for an SBA loan
SBA 7(a) loans are the most common path for private schools financing acquiring or expanding a private school. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner occupied real estate and heavy equipment, typically at 10% down.
With 2,091 loans on record across 461 lenders and a 8.4% historical charge off rate, private schools are a well understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and sources capital through a curated network, then stays with you through closing.