Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Small business loan program
|
| gptkbp:administeredBy |
gptkb:U.S._Small_Business_Administration
|
| gptkbp:collateralRequired |
Yes, if available
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:creditDecision |
Made by participating lenders
|
| gptkbp:eligibility |
Small businesses
|
| gptkbp:established |
1953
|
| gptkbp:filingMethod |
Up to 10 years for equipment
Up to 25 years for real estate Up to 7 years for working capital |
| gptkbp:fundedBy |
Debt refinancing
Equipment purchase Real estate purchase Working capital Business acquisition |
| gptkbp:guaranteeFee |
Charged to lender, may be passed to borrower
|
| gptkbp:guarantees |
Up to 75% for loans greater than $150,000
Up to 85% for loans up to $150,000 |
| https://www.w3.org/2000/01/rdf-schema#label |
7(a) loan program
|
| gptkbp:mainInterest |
Negotiated between lender and borrower, subject to SBA maximums
|
| gptkbp:maximumLoanAmount |
$5 million
|
| gptkbp:namedAfter |
gptkb:Section_7(a)_of_the_Small_Business_Act
|
| gptkbp:purpose |
Provide financial assistance to small businesses
|
| gptkbp:targetUser |
Government-guaranteed loan
|
| gptkbp:website |
https://www.sba.gov/funding-programs/loans/7a-loans
|
| gptkbp:bfsParent |
gptkb:Small_Business_Reauthorization_Act_of_1997
|
| gptkbp:bfsLayer |
6
|