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  2. SBA 7(a) Small Business Loans

What is the monthly payment for an SBA 7(a) Small Business Loan through NEWITY?

The estimated monthly payment will vary based on the size of your loan and the current WSJ Prime rate.

For example, a borrower with a $25,000 loan can expect an average monthly payment of $297, while a borrower with a $250,000 loan will have a monthly payment around $2,967. Be advised, these are just estimated monthly payments as the WSJ Prime Rate can fluctuate and will affect your interest rate at the time of submitting your application.

Please review the 7(a) interest rate FAQ to understand WSJ Prime's impact on NEWITY's SBA 7(a) loans' interest rate.




NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program.  SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.