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  2. Business loan vs. personal loan: What’s the difference? - AOL

    www.aol.com/finance/business-loan-vs-personal...

    Smaller loans designed for new small businesses to help them get started. SBA loan. $500 to $5 million (varies by loan type) Loans backed by the U.S. Small Business Administration. There are ...

  3. How much can you borrow with a business loan? - AOL

    www.aol.com/finance/much-borrow-business-loan...

    Lender. Average small business loan amount. Bank loans (large national bank) $593,000. Bank loans (small regional bank) $146,000. SBA 7(a) loan. $479,685

  4. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Joe Biden visiting the W. S. Jenks & Son hardware store in Washington, D.C., which received a PPP loan (). In order to be eligible for the Paycheck Protection Program, an applicant must be a small business, sole proprietor, independent contractor, self-employed person, 501(c)(3) nonprofit organization, [a] [b] [c] [14] 501(c)(19) veterans organization, [15] [16] or a tribal business.

  5. Best easy business loans of 2024 - AOL

    www.aol.com/finance/best-easy-business-loans...

    Lender. Best for. Bankrate score. Lendio. Fast and easy business loans. 4.6. OnDeck. Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit

  6. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    $730 million in SBA loans for small businesses; $500 million for the Social Security Administration to process disability and retirement backlogs; $201 million in additional funding for AmeriCorps and other community service organizations; $150 million for Urban and Rural economic recovery programs

  7. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The original CARES Act proposal included $500 billion in direct payments to Americans, $208 billion in loans to major industry, and $300 billion in Small Business Administration loans. [ 7 ] [ 8 ] As a result of bipartisan negotiations, the bill grew to $2 trillion in the version unanimously passed by the Senate on March 25, 2020.

  8. How much will an unsecured business loan cost? - AOL

    www.aol.com/finance/much-unsecured-business-loan...

    For example, if you have a $10,000 loan with a 5 percent interest rate, you would pay a total of $500 in interest every year you hold on to the loan. If paying off the loan takes three years, you ...

  9. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

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