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2. 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.

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

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

   Once you submit your SBA 7(a) loan application, you will have to wait for the SBA to review it and make a decision. ... SBA microloans: SBA microloans offer small amounts of funding up to $50,000 ...

5. Small business financing: Your options - AOL

   www.aol.com/finance/small-business-financing...

   Small Business Administration (SBA) loans. ... Microloans. Designed for underserved communities with loan amounts up to $50,000 ... although the application will ask you to define your business.

6. Types of startup business loans - AOL

   www.aol.com/finance/types-startup-business-loans...

   The SBA microloan program is ideal for small businesses in the startup phase as well as those with plans to expand. Loans up to $50,000 are administered through nonprofit, community-based ...

7. Alternatives to getting a small business loan at a bank - AOL

   www.aol.com/finance/alternatives-getting-small...

   SBA microloans. The SBA microloan program serves at-risk communities and businesses that don’t qualify for traditional business loans. It’s characterized by its small loan sizes of up to ...