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2. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

   www.aol.com/finance/ppp-ramps-loan-forgiveness...

   "The SBA's new streamlined application portal will simplify forgiveness for millions of our smallest businesses—including many sole proprietors—who used funds from our Paycheck Protection ...

3. How to get funding to start a business - AOL

   www.aol.com/finance/funding-start-business...

   Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...

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. 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.

6. 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 ...

7. SBA ARC Loan Program - Wikipedia

   en.wikipedia.org/wiki/SBA_ARC_Loan_Program

   ARC loans are not designed for start-up businesses. Examples of qualifying loans may include business credit card obligations, capital leases, notes payable to vendors or suppliers, Development Company Loan Program (504) first-lien loans, other loans to small businesses made without an SBA guaranty, and loans made by or with an SBA guaranty on ...

8. 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 ...

9. SBA loan and startup funding for women - AOL

   www.aol.com/finance/sba-loan-startup-funding...

   Bankrate insight. Between the SBA 504 and 7(a) programs in the 2023 fiscal year, 13,056 were approved for women-owned businesses of 50 percent or more, compared to the 42,409 approved men-owned ...