SBA 7(a) loans are the U.S. Small Business Administration's primary and most flexible business loan program, used to help small businesses with a variety of needs. Loan amounts from $350,001 to $5 million.
 

Specifically, SBA 7(a) loans can be used for:
 

• Real Estate: Acquiring, refinancing, or improving commercial real estate and/or buildings.
   

• Special Construction Loan: Up to 5M of revolving funds to use specifically on the purchase or land and construction of homes, one time fee of 2.500% origination, unlimited closings, 5 years. 
   

• Working Capital: Obtaining short- and long-term working capital to cover operational expenses like inventory, advertising, and payroll.
   

• Refinancing Debt: Refinancing existing business debt, particularly high-interest debt with unreasonable terms.
   

• Equipment and Supplies: Purchasing and installing machinery and equipment, including AI-related expenses, as well as furniture, fixtures, and supplies.
   

• Business Acquisitions and Buyouts: Funding the purchase of an existing business or buying out a partner.
   

• Tenant Improvements: Making necessary improvements to leased spaces.
   

• Multiple Purposes: Combining several of the above purposes into a single loan. 
   

In essence, if a small business needs financing for a legitimate business purpose to grow and succeed, there's a good chance an SBA 7(a) loan can help. 
 

It's important to note that the SBA does not directly lend the money; instead, it guarantees a portion of the loan, reducing risk for lenders (like banks) and making it easier for small businesses to obtain funding they might not otherwise qualify for.