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

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

    SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

  3. How to get an SBA startup loan - AOL

    www.aol.com/finance/sba-startup-loan-194343235.html

    Meet the SBA size requirements for a small business. ... 504/CDC loans. Used to promote business growth and job creation, ... Business grants are available from a variety of sources, and they ...

  4. Small business financing: Your options - AOL

    www.aol.com/finance/small-business-financing...

    Type of SBA loan. Description. 7(a) loan. Most popular SBA loan, used for general purposes, including working capital, equipment and real estate. 504 loan

  5. SBA 504 Loan - Wikipedia

    en.wikipedia.org/wiki/SBA_504_Loan

    There are three partners in an SBA 504 loan—the borrower, a bank or other regulated lender, and a CDC. Typically the borrower must contribute 10% of the total project cost; their bank lends 50% at their own rate and term (as long as the term is at least 10 years), and has a first lien on the assets being financed; and the CDC lends 40%, with a second lien.

  6. SBA loan statistics: Top SBA lenders by state - AOL

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

    The most popular SBA loan programs are the 7(a) loans used for general funding needs and real estate or 504 loans, which are used for buying fixed assets like equipment that boost your business ...

  7. What is a startup business loan? How does it work? - AOL

    www.aol.com/finance/startup-business-loan-does...

    In fiscal year 2023, the SBA approved over $27.5 billion in 7(a) loans and more than $6.4 billion in 504 loan funds, according to the SBA’s weekly lending report. Alternatives to startup ...

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