Unfortunately, these losses will make it difficult to get an SBA loan. SBA lenders want the business to be profitable and trending in the right direction. If your most recent year was a success then it wouldn’t be as bad for you. If you can show 3-6 months of positive growth with a plan to continue it that the lender believes in then an SBA loan could be an option for you. Otherwise, you’ll likely spend a lot of time trying to attract an SBA lender without much success.