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  2. 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 ...

  3. SBA extends fire relief deadline for those thought to be ...

    www.aol.com/sba-extends-fire-relief-deadline...

    Jan. 21—The U.S. Small Business Administration has distributed more than $257.3 million in disaster loans for 1,391 applicants who sustained property damage from the Aug. 8 wildfires and high ...

  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. 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. SBA loan denied: What to do next - AOL

    www.aol.com/finance/sba-loan-denied-next...

    According to the SBA weekly summary report, fewer than 60,000 businesses were approved for 7(a) loans in 2023 — and only around 6,000 SBA loans were approved for 504 loans, highlighting how the ...

  7. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

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