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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

    SBA (7a) loan fees. When getting an SBA 7(a) loan, you’ll need to pay a fee for receiving the SBA guarantee for the loan, called a guarantee fee. For fiscal year 2024, the guarantee fees are: ...

  3. SBA guarantee fee: Overview and cost - AOL

    www.aol.com/finance/sba-guarantee-fee-overview...

    SBA loans have set interest rates and fees, which are set every fiscal year by the Small Business Administration. Learn what a guarantee fee is and how much it costs. SBA guarantee fee: Overview ...

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

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

    Note that in addition to interest, the SBA imposes a guarantee fee, ranging from 0.00 percent to 3.75 percent of the guaranteed loan portion. Individual lenders may also charge additional fees as ...

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  6. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    The US Small Business Administration (SBA) does not make loans; instead it guarantees loans made by individual lenders. The main SBA loan programs are SBA 7(a) which includes both a standard and express option; Microloans (up to $50,000); 504 Loans which provide financing for fixed assets such as real estate or equipment; and Disaster loans. In ...

  7. SBA ARC Loan Program - Wikipedia

    en.wikipedia.org/wiki/SBA_ARC_Loan_Program

    ARC loans are made by participating commercial SBA lenders. The SBA will pay these banks a monthly interest rate throughout the term of the loan. ARC loans will be offered by some SBA lenders for as long as funding is available or until September 30, 2010, whichever comes first. The program officially ended effective September 16, 2010. [4]

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