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  2. SBA loan statistics: Top lenders - AOL

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

    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, ... California Statewide Certified Development Corporation. $281,477,000.

  3. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA provides a government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008. The agency had record lending volumes in late 2010.

  4. Opportunity Fund - Wikipedia

    en.wikipedia.org/wiki/Opportunity_Fund

    Marketplace lending company Lending Club works with Opportunity Fund to make loans to small businesses that otherwise would have had their applications rejected. The two organizations aim to provide $10 million in loans to small businesses in underserved areas of 13 states, helping an estimated 400 businesses create more than 1,000 jobs. [4]

  5. SBA loan denied: What to do next - AOL

    www.aol.com/finance/sba-loan-denied-next...

    According to the SBA weekly summary report, fewer than 60,000 businesses were approved for 7(a) loans in 2023 — and only around 6,000 SBA loans were approved for 504 loans, highlighting how the ...

  6. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    In the United States, loan officers held about 354,800 jobs in 2022. The largest employers of loan officers were as follows: [4] Credit intermediation and related activities - 82%; Management of companies and enterprises - 4%; Automobile dealers - 3%; The credit intermediation industry includes commercial banks, savings institutions, and ...

  7. SBA 7(a) loan: What it is and how to apply - AOL

    www.aol.com/finance/sba-7-loan-apply-123539929.html

    SBA 7(a) loan terms. The standard SBA 7(a) loans guarantee up to 75 percent of the loan amount. The lender may also require collateral to guarantee the rest of the loan, using your business’s ...

  8. Small business - Wikipedia

    en.wikipedia.org/wiki/Small_business

    Small Business Economics 12.3 (1999): 217–231. Bannock, Graham. The economics and management of small business: an international perspective (Routledge, 2004). Bean, Jonathan James. "Beyond the broker state: a history of the federal government's policies toward small business, 1936–1961" (PhD Diss. The Ohio State University, 1994). Bean ...

  9. SBA loan statistics: Race and gender - AOL

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

    The most current SBA lending report data shows that between the SBA’s 7(a) and 504 loan programs, more than 63,000 loans were issued in the 2023 fiscal year, with proceeds totaling just shy of ...

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