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Addressed Access to Capital: Since the beginning of 2009, through the Recovery Act and the Small Business Jobs Act, the Small Business Administration (SBA) has approved 334,815 loans, supporting close to $163 billion in lending for small businesses. The SBA under President Obama has helped push more capital out the door than any other ...
11 paź 2008 · Last year, the SBA backed $12.7 billion in small-business 7(a) loans, while its disaster program granted $825.8 million in loans to 15,128 applicants.
2 lut 2010 · The fund transferred $30 billion from TARP to support small business lending by community and smaller banks. It offered incentives for banks to increase lending to small firms and create jobs.
Start a business. We support America's small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.
21 paź 2009 · Increasing the maximum loan size of 504 loans up to $5.5 million will help small businesses grow and expand their payrolls by supporting real estate purchases. And increasing the maximum loan size of SBA microloans from $35,000 to $50,000 will give a boost to start-ups and other smaller businesses.
The Obama administration has taken steps to make credit more available to small businesses looking to grow and expand, cutting taxes, incentivizing investment and hiring and reducing barriers to growth.
Loans guaranteed by SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital. Some loan programs set restrictions on how you can use the funds, so check with an SBA-approved lender when requesting a loan.
