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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 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

4. How to manage a fast business loan - AOL

   www.aol.com/finance/manage-fast-business-loan...

   Fast business loans are useful when you need quick access to capital. Other business loans, such as SBA loans, have lengthy applications and longer funding times. But a fast business loan can get ...

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

   en.wikipedia.org/wiki/Paycheck_Protection_Program

   The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...

7. SBA loan denied: What to do next - AOL

   www.aol.com/finance/sba-loan-denied-next...

   If you try for an SBA loan with an online lender and aren’t approved, you may want to ask if you qualify for other loan options. Bank loans. Banks are a traditional source of business financing ...

8. What is the SBA line of credit? - AOL

   www.aol.com/finance/sba-line-credit-202339941.html

   An SBA line of credit is a financial tool offered under the 7 (a) loan program. It’s designed to provide small businesses with ongoing access to funds to cover various expenses. One of the ...

9. How to get an SBA startup loan - AOL

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

   Bankrate insight. In the 2023 fiscal year, the SBA approved 57,362 7(a) loans. Of those approved loans, 10,194 or 18.9 percent were used to open new businesses, according to the SBA weekly lending ...