Small Business Administration (SBA) Loans

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SBA loans are made through banks, credit unions and other lenders who partner with the SBA. Since 2000, new loans through the agency’s 7(a) loan-guarantee program, used mostly to buy or expand new businesses, have grown at more than twice the rate of all bank loans to commercial and industrial businesses, as tracked by Federal Reserve data.small business administrationsmall business administration

On Monday (3/09/09) White House officials indicated that that the administration will launch a plan next week that will provide financing, liquidity and guarantees to open up small business lending, which is correctly seen as a key element of economic recovery.small business administration

Sample case files relating to applications for business loans that were declined, canceled, or withdrawn, 1954- 55. Minutes of meetings, and conference proceedings, of the National Advisory Council and of regional and state advisory groups, 1954-68.

During the 111th Congress, P.L. 111-240, the Small Business Jobs Act of 2010, increased the 504/CDC program’s loan guaranty limits from $1.5 million to $5 million for regular” borrowers, from $2 million to $5 million if the loan proceeds are directed toward one or more specified public policy goals, and from $4 million to $5.5 million for manufacturers.

Export sales contribute to a strong middle class by fueling economic opportunity and jobs in communities across the United States, while the countries buying American products gain access to some of the highest-quality products and services in the world.

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