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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...

   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

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...

   7(a) loans: This loan program is the SBA’s most popular. The maximum loan amount for a 7(a) loan is $5 million. The funds can be used for short and long-term working capital, refinancing current ...

6. Small business financing: Your options - AOL

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

   Finance your small business with loans, grants or crowdfunding. ... loan with quicker approval times and maximum loan amounts up to $500,000. ... Lower loan amounts than a business loan.

7. What is the SBA weekly lending report and how does it work? - AOL

   www.aol.com/finance/sba-weekly-lending-report...

   Bankrate insight. Check out our guide for more information on SBA 7(a) vs. SBA 504 loans.. Top SBA 7(a) loan amounts. Although there were only around 48,000 approved applications in 2022, the 2023 ...