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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. SBA loan denied: What to do next - AOL

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

   According to the SBA weekly summary report, fewer than 60,000 businesses were approved for 7(a) loans in 2023 — and only around 6,000 SBA loans were approved for 504 loans, highlighting how the ...

5. Pros and cons of SBA loans - AOL

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

   SBA loans aim to make it easier for small businesses to get the funding they need to launch and operate. In the 2023 fiscal year — which ended September 30, 2023 — the SBA issued more than ...

6. Small business loan refinancing: What you should know - AOL

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

   You can refinance using a variety of business loans that you then use to pay off the current loan, including term loans and SBA loans. According to the Federal Reserve, small business loan amounts ...

7. What are small business loans and how do they work? - AOL

   www.aol.com/finance/business-loans-215421282.html

   A small business loan is money borrowed from a lender that must be repaid with interest. ... Most SBA loans also require a down payment and personal guarantees. Bankrate insight.