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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. 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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...

  4. What changes should small businesses be aware of for 2025? - AOL

    www.aol.com/changes-small-businesses-aware-2025...

    SBA CHANGES. Established in 1953, the SBA has been through many different administrations. The agency offers resources to small businesses and helps administer small business and disaster recovery ...

  5. Small business - Wikipedia

    en.wikipedia.org/wiki/Small_business

    In the United States, the Small Business Administration establishes small business size standards on an industry-by-industry basis but generally specifies a small business as having fewer than 500 employees for manufacturing businesses and less than $7.5 million in annual receipts for most non-manufacturing businesses.

  6. SBA vs. conventional loan: What you need to know - AOL

    www.aol.com/finance/sba-vs-conventional-loan...

    The SBA (Small Business Administration) is a government agency that partners with approved lenders to offer a variety of loans for businesses. With SBA loans, the SBA guarantees a portion of the ...

  7. Small Business Act (United States) - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Act_(United...

    The Small Business Act Amendments of 1958 (Pub. L. 85–536, 72 Stat. 384, enacted July 18, 1958) withdrew Title II as part of that act and made it a separate act to be known as the "Small Business Act". Its function was and is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns".

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