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2. What is the average small business loan amount? - AOL

   www.aol.com/finance/average-small-business-loan...

   SBA loan type. Description. Average loan amount in 2023. Maximum loan amount. Standard 7(a) Can be used for nearly all purposes, including working capital, payroll, expansion and equipment ...

3. 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 ...

4. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   An SBA loan gives your small business access to government-backed funding. ... Loan amount. Up to $5 million. Maximum SBA guarantee. 85% of loans under $150,000, 75% for loans over $150,000.

5. SBA Express loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-express-loan-apply...

   Loan amounts. Interest rates. Loan terms. Maximum SBA guarantee. SBA Express loan. $500,000. 11.50% to 16.50%. Up to 10 years for term loans or lines of credit; 25 years for property purchases or ...

6. Pros and cons of SBA loans - AOL

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

   7(a) loans: This loan program is the SBA’s most popular. The maximum loan amount for a 7(a) loan is $5 million. The funds can be used for short and long-term working capital, refinancing current ...

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.