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

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

    You can choose from a variety of SBA loans based on your business needs and the loan that offers the best terms and interest rates. Since the SBA ... loans in your state. Map: Top SBA lenders by ...

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

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

    An SBA loan gives your small business access to government-backed funding. ... SBA loan size. Maximum interest rate. $50,000 or less. 15.00%. ... The best Mexican restaurant in every state.

  4. Pros and cons of SBA loans - AOL

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

    Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

  5. SBA ARC Loan Program - Wikipedia

    en.wikipedia.org/wiki/SBA_ARC_Loan_Program

    ARC loans are made by participating commercial SBA lenders. The SBA will pay these banks a monthly interest rate throughout the term of the loan. ARC loans will be offered by some SBA lenders for as long as funding is available or until September 30, 2010, whichever comes first. The program officially ended effective September 16, 2010. [4]

  6. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    The maximum term allowed for an SBA micro-loan is six years. Loan terms, however, vary according to the size of the loan, the planned use of funds, the requirements of the intermediary lender, and the needs of the small business borrower. Interest rates vary, depending on the intermediary lender and costs to the intermediary from the U.S. Treasury.

  7. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    The US Small Business Administration (SBA) does not make loans; instead it guarantees loans made by individual lenders. The main SBA loan programs are SBA 7(a) which includes both a standard and express option; Microloans (up to $50,000); 504 Loans which provide financing for fixed assets such as real estate or equipment; and Disaster loans. In ...

  8. Small Business Jobs Act of 2010 - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Jobs_Act_of...

    The Small Business Jobs Act of 2010 is a federal law passed by the 111th United States Congress and signed into law by President Barack Obama on September 27, 2010. [1] The law authorizes the creation of the Small Business Lending Fund Program administered by the Treasury Department to make capital investments in eligible institutions, in order ...

  9. SBA vs. conventional loan: What you need to know - AOL

    www.aol.com/finance/sba-vs-conventional-loan...

    Bankrate. In the 2023 fiscal year, more than $27.5 million in 7(a) loans and about $6.4 million in 504 loans were approved. While only about 16 percent of 504 loans were given to new businesses ...

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