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

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

    Loan type. Maximum loan amount. Maximum guarantee. SBA turnaround time. Purpose. 7(a) loan. $5 million. 75%. 5 to 10 business days. Working capital, equipment, supplies purchases, real estate ...

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

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

    Loan amount. Up to $500,000. Maximum SBA guarantee. 50%. SBA approval time. 36 hours. Interest rates. ... Frequently asked questions about SBA loans. Do SBA loans have to be paid back? Yes.

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

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

    SBA loan type. Description. Average loan amount in 2023. Maximum loan amount. Standard 7(a) Can be used for nearly all purposes, including working capital, payroll, expansion and equipment ...

  5. Pros and cons of SBA loans - AOL

    www.aol.com/finance/pros-cons-sba-loans...

    The maximum loan amount for a 504 loan is typically $5 million, but it can be up to $5.5 million. Loan funds can be used for fixed assets that promote job creation and business growth.

  6. SBA Express loan: What it is and how to apply - AOL

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

    Loan amounts. Interest rates. Loan terms. Maximum SBA guarantee. SBA Express loan. $500,000. 11.50% to 16.50%. Up to 10 years for term loans or lines of credit; 25 years for property purchases or ...

  7. How much will a business loan cost? - AOL

    www.aol.com/finance/much-business-loan-cost...

    Types of SBA loans include: SBA 7(a) loans, SBA 504 loans and SBA microloans. 2. Factor rates. Some loans might charge interest as a factor rate, which uses a decimal amount multiplied by the ...

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