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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

   SBA 7(a) loan terms. The standard SBA 7(a) loans guarantee up to 75 percent of the loan amount. The lender may also require collateral to guarantee the rest of the loan, using your business’s ...

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 is the SBA line of credit? - AOL

   www.aol.com/finance/sba-line-credit-202339941.html

   An SBA line of credit is a financial tool offered under the 7(a) loan program. It’s designed to provide small businesses with ongoing access to funds to cover various expenses. One of the ...

5. Small Business Administration - Wikipedia

   en.wikipedia.org/wiki/Small_Business_Administration

   The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

6. MicroLoan Program - Wikipedia

   en.wikipedia.org/wiki/MicroLoan_Program

   The program also provides support in marketing and management as well as technical assistance for microloan borrowers and potential borrowers. [1] 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.

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

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

   The SBA’s Community Advantage loan pilot program ended on September 30, 2023. Lenders participating in the pilot program could apply for a license to become a Community Advantage Small Business ...