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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

    SBA (7a) loan fees. When getting an SBA 7(a) ... These lenders may or may not be part of the Preferred Lender Program, but they handle a high volume of SBA loans each year. 2. Submit an application.

  3. What is the SBA line of credit? - AOL

    www.aol.com/finance/sba-line-credit-202339941.html

    Submitting your application. Keep in mind SBA loan approval times depend on your loan type, with the fastest approval time of 36 hours for Express loans and the longest being up to 90 days for ...

  4. 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

  5. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    With microloans, borrowers can apply for up to $50,000 in funding. The requirements are a lot more lenient given that the total amount is far less than the typical SBA (7)(a). Other fees associated with the microloan include the application fee, loan processing fee, and the closing costs, which can add between 2 – 4% onto the loan itself.

  6. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  7. How to get an SBA startup loan - AOL

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

    There are several types of SBA 7(a) loans, including the standard 7(a) loan, 7(a) small loan, SBA Express and Export Express. Eligibility requirements vary by lender.

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