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  2. SBA loan and startup funding for women - AOL

    www.aol.com/finance/sba-loan-startup-funding...

    Bankrate insight. Between the SBA 504 and 7(a) programs in the 2023 fiscal year, 13,056 were approved for women-owned businesses of 50 percent or more, compared to the 42,409 approved men-owned ...

  3. SBA loan statistics: Race and gender - AOL

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

    Discrepancies in SBA loans for minority small business owners don’t stop there. About 15 percent of nonemployer businesses (4,191,000) are Hispanic-owned. ... 2023 SBA 7(a) loan amounts. Women ...

  4. 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

  5. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    Under this program, SBA makes funds available to non-profit community based lenders (intermediaries) that in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average loan size is about $13,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

  6. Pros and cons of SBA loans - AOL

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

    The SBA also has business resource centers focused on specific types of business owners, including women-owned ... you have up to 10 years to pay off a conventional business loan. With an SBA loan ...

  7. Woman-owned business - Wikipedia

    en.wikipedia.org/wiki/Woman-owned_business

    A woman-owned business is a specific designation used by American government agencies and industry associations to set aside special programs to encourage and empower female business owners. Most definitions of this term involve a practical look at the legal and ownership structure, as well as the issue of control of the day-to-day operations ...

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