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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. How long do you have to wait for SBA loan approval? - AOL

    www.aol.com/finance/long-wait-sba-loan-approval...

    SBA 7 (a) loan. 7 (a) loan subtypes are backed directly by the SBA. The SBA’s turnaround time is 2 to 10 business days, but approval from your chosen lender can take 30 to 60 days. 60 to 90 days ...

  4. How to get an SBA startup loan - AOL

    www.aol.com/finance/sba-startup-loan-194343235.html

    Follow these key steps to apply for an SBA startup loan. 1. Write a business and financial plan. Before you even start the application process for an SBA loan to start a business, you need to have ...

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    x. AOL works best with the latest versions of the browsers. You're using an outdated or unsupported browser and some AOL features may not work properly.

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

  7. SBA ARC Loan Program - Wikipedia

    en.wikipedia.org/wiki/SBA_ARC_Loan_Program

    SBA ARC Loan Program. As part of the 2009 American Recovery and Reinvestment Act (signed Feb 17, 2009), the United States Government has allocated Small Business Administration (SBA) backed funds for viable small businesses in the United States. Businesses must have qualifying business loans and must be experiencing immediate financial hardship.

  8. How to get approved for a startup business loan - AOL

    www.aol.com/finance/approved-startup-business...

    Getting a startup business loan is possible, but you’ll need to follow some steps to help your chances of approval. 1. Check your credit score. Your credit score is one of the primary factors ...

  9. SBA loan statistics: Top SBA lenders by state - AOL

    www.aol.com/finance/sba-loan-statistics-top-sba...

    Total SBA amount funded in state. Top 5 SBA lenders. Connecticut. $290.42 million. Webster Bank National Association ($45.01 million) Live Oak Bank ($32.05 million) Celtic Bank Corporation ($19.26 ...

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