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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

    To apply for an SBA 7(a) loan, you will need to work with a lender approved by the SBA. Then, be prepared to submit a long list of financial documentation to show that you can repay the loan.

  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 documents are required for bank business loans? - AOL

    www.aol.com/finance/documents-required-bank...

    SBA 7(a) loans are the most common type of SBA loan. For these applications, in addition to SBA-specific forms like Form 413 and Form 1920 and the documents listed above, applicants will want to ...

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

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

    How long it takes to get an SBA loan depends on the lender you use and the type of loan you apply for. Popular types of SBA loans include 7(a) loans, 504 loans and microloans.

  6. 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 ...

  7. Community Advantage Loan - Wikipedia

    en.wikipedia.org/wiki/Community_Advantage_Loan

    The U.S. Small Business Administration Community Advantage Loan program is designed for new and existing businesses that need loans under $250,000. The loan can be used to finance a startup company or expand an existing small business or buy real estate. The SBA guarantees 85 percent of loans up to $150,000 and 75 percent of loans greater than ...

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