How to Check & Interpret Your 7(a) Status

How to Check your 7(a) Loan Application Status To check your 7(a) loan application status, log into the Portal and select the 7(a) tile. Within the 7(a) tile, click Launch 7(a) Portal. Your application status should appear on the right side of the page. Stage 1: Application Incomplete Accessed 2.0 But Not Started Application – You […]

To qualify for an SBA 7(a) small business loan, your business must be:

  1. U.S.-based and operated
  2. Owner supported / owner funded
  3. Eligible per the SBA’s requirements

Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business