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2. SBA loan statistics: Race and gender - AOL

   www.aol.com/finance/sba-loan-statistics-race...

   Loan type. Description. Standard 7(a) loans. With loan amounts of up to $5 million and an SBA cap on the maximum interest rate, these loans help a wide range of business owners across the country ...

3. SBA loan and startup funding for women - AOL

   www.aol.com/finance/sba-loan-startup-funding...

   Over 60 percent of women have sought financing to meet operating expenses. In 2023, 21.2 percent of federal SBA 7(a) loan funds were awarded to businesses that were more than 50 percent women ...

4. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   An SBA loan gives your small business access to government-backed funding. ... Loan amount. Up to $5 million. Maximum SBA guarantee. 85% of loans under $150,000, 75% for loans over $150,000.

5. What is the average small business loan amount? - AOL

   www.aol.com/finance/average-small-business-loan...

   For fiscal year 2023, the average loan amount for all types of 7(a) loans from the Small Business Administration was $479,685, and the average amount for a 504 loan was $1.08 million

6. MicroLoan Program - Wikipedia

   en.wikipedia.org/wiki/MicroLoan_Program

   Under this program, SBA makes funds available to non-profit community based lenders (intermediaries) that in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average loan size is about $13,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level. The ...

7. SBA loan statistics: Top lenders - AOL

   www.aol.com/finance/sba-loan-statistics-top...

   Amounts accurate for fiscal year 2023, ending September 30, 2023. For the 2023 fiscal year, SBA 7(a) lenders approved over 57,362 loans for a total of $27.5 billion in small business loans ...