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2. How to get an SBA startup loan - AOL

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

   Bankrate insight. In the 2023 fiscal year, the SBA approved 57,362 7(a) loans. Of those approved loans, 10,194 or 18.9 percent were used to open new businesses, according to the SBA weekly lending ...

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

   Loan type. Maximum loan amount. Maximum guarantee. SBA turnaround time. Purpose. 7(a) loan. $5 million. 75%. 5 to 10 business days. Working capital, equipment, supplies purchases, real estate ...

5. What is a startup business loan? How does it work? - AOL

   www.aol.com/finance/startup-business-loan-does...

   The maximum loan amount from the SBA is $50,000. Term loans: Term loans disburse funds all at once, making them useful for one-time purchases. You can get short-term or long-term business loans.

6. Pros and cons of SBA loans - AOL

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

   CDCs are community-based partner organizations empowered by the SBA. The maximum loan amount for a 504 loan is typically $5 million, but it can be up to $5.5 million. ... you start and run your ...

7. MicroLoan Program - Wikipedia

   en.wikipedia.org/wiki/MicroLoan_Program

   Under this program, SBA makes funds available to non-profit community based lenders (intermediaries) that in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average loan size is about $13,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level.