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www.sba.gov. The administrator of the Small Business Administration is the head of the Small Business Administration of the United States. The administrator is responsible for managing and the day-to-day operations of the agency. The administrator is nominated by the president of the United States and must be confirmed by a vote of the Senate .
History. 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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction ...
The U.S. Small Business Administration 's SBA 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings and machinery, at below market rates. [1] [2] The program is so named because it was originally created by Section 504 of the Small Business ...
Getting the right business loan can make all the difference in accessing enough capital to buy equipment, hire employees or cover daily expenses. Take a look below to find all the options you have ...
In fiscal year 2023, the SBA approved over $27.5 billion in 7(a) loans and more than $6.4 billion in 504 loan funds, according to the SBA’s weekly lending report.
Business.gov provides a platform for online services—feature articles, interactive tools and a specialized, Google-based search engine—that help small businesses reduce significant regulatory burdens. All businesses, large or small, are subject to legal and regulatory burdens. Small businesses face the greatest burden of all.
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The MicroLoan Program is a US Government program administered by the United States Small Business Administration (SBA) that provides microloans to start-up, newly established, or growing small business endeavors. The program has been operating since 1992. It is especially designed to help those who might not find funding in the private sector ...