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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

    To apply for an SBA 7 (a) loan, you will need to work with a lender approved by the SBA. Then, be prepared to submit a long list of financial documentation to show that you can repay the loan. You ...

  3. SBA 504 Loan - Wikipedia

    en.wikipedia.org/wiki/SBA_504_Loan

    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 ...

  4. Administrator of the Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Administrator_of_the_Small...

    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 .

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

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

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

    Bankrate. In the 2023 fiscal year, more than $27.5 million in 7(a) loans and about $6.4 million in 504 loans were approved. While only about 16 percent of 504 loans were given to new businesses ...

  7. Small business financing: Your options - AOL

    www.aol.com/finance/small-business-financing...

    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 ...

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