How long does an SBA loan take to get approved?

SBA loan timelines vary significantly by program and lender. SBA 7(a) loans through traditional banks take 60-90 days from application to funding. SBA Preferred Lender Program (PLP) lenders can approve in 3-10 days. SBA Express loans (under $500,000) target a 36-hour turnaround from the SBA side. The full funding process still typically takes 30-45 days even with Express approval.