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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. Pros and cons of SBA loans - AOL

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

   Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

5. 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

6. 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.

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

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

   Because of the competitive nature of SBA loans, many SBA lenders require a credit score in the mid-to-high 600s, $200,000 or more in annual revenue and two years in business.