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  2. 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

  3. How to get an SBA startup loan - AOL

    www.aol.com/finance/sba-startup-loan-194343235.html

    There are several types of SBA 7(a) loans, including the standard 7(a) loan, 7(a) small loan, SBA Express and Export Express. Eligibility requirements vary by lender.

  4. What are small business loans and how do they work? - AOL

    www.aol.com/finance/business-loans-215421282.html

    The requirements to qualify for each, ... To get an SBA loan, you apply through an SBA-approved lender. ... a business plan and SBA-specific forms, such as SBA Form 413 and 1920.

  5. 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 ...

  6. Pros and cons of SBA loans - AOL

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

    All loan types require that the business is for-profit and meets SBA size requirements. The right loan type for each business depends on its needs, size and purpose. 7(a) loans : This loan program ...

  7. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]

  8. Complete List of SBA Loan Requirements - AOL

    www.aol.com/news/complete-list-sba-loan...

    Depending on the type of SBA loan, you can use the funds for a range of purposes, including to buy equipment, real estate or inventory, but keep in mind that the application and approval process ...

  9. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt , which will be repaid with added interest . There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans , business cash ...

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