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  2. How long do you have to wait for SBA loan approval? - AOL

    www.aol.com/finance/long-wait-sba-loan-approval...

    As of January 30, 2024, the SBA has approved 19,599 SBA 7(a) loans in the 2024 fiscal year, totaling over $8 billion. The average loan size is $425,864. The average loan size is $425,864. How long ...

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

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

    Because of SBA loans’ competitive interest rates and repayment terms, many small businesses vie for these loans. As of March 2024, the SBA has approved over 30,500 SBA loans worth more than $12. ...

  4. How to get a small business loan without collateral

    www.aol.com/finance/small-business-loan-without...

    Bankrate insight. As of March 2024, for fiscal year 2024, 29.9 percent of 7(a) loans were approved for $50,000 and under. New businesses with under two years of experience made up just 18 percent ...

  5. 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

  6. SBA loans approved for Louisiana businesses impacted by ...

    www.aol.com/sba-loans-approved-louisiana...

    (The Center Square) — Gov. Jeff Landry announced that the U.S. Small Business Administration has approved an Economic Injury Disaster Declaration to assist businesses impacted by the New Year's ...

  7. SBA exhausts funds for new disaster loans, but survivors ...

    www.aol.com/sba-exhausts-funds-disaster-loans...

    WASHINGTON — On Thursday, the U.S. Small Business Administration (SBA) announced that it has exhausted funds for its disaster loan program after warnings that funding would soon run out ...

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