SBA 7(a) Loan Program

GPTKB entity

Statements (46)
Predicate Object
gptkbp:instance_of gptkb:charity
gptkbp:bfsLayer 3
gptkbp:bfsParent gptkb:High_School
gptkbp:application Requires Business Plan
Requires Credit Check
Requires Personal Guarantee
gptkbp:appointed_by gptkb:Small_Business_Administration
gptkbp:created_by gptkb:Small_Business_Act_of_1953
gptkbp:ensures Up to 75% for loans over $150,000
Up to 85% for loans under $150,000
gptkbp:historical_significance Contributes to Small Business Success
Has Helped Millions of Businesses
One of the Most Popular SBA Programs
Part of U. S. Economic Policy
https://www.w3.org/2000/01/rdf-schema#label SBA 7(a) Loan Program
gptkbp:impact Encourages Entrepreneurship
Provides Access to Capital
Stimulates Economic Growth
Supports Job Creation
gptkbp:in-game_currency Variable or Fixed
gptkbp:includes_provisions_for Non-Profit Organizations
Certain Types of Businesses
gptkbp:is_available_on Participating Lenders
gptkbp:is_designed_for Small Businesses
gptkbp:offers Real Estate Financing
Equipment Financing
Working Capital Loans
gptkbp:payment_methods Monthly Payments
gptkbp:provides Financial Assistance
gptkbp:receives_funding_from gptkb:U._S._Government
Typically 30 to 90 days
gptkbp:requires Tax Returns
Business Credit History
Personal Credit History
Business Financial Statements
Depends on Lender
Personal Financial Statements
gptkbp:scholarships gptkb:$5_million
Up to 25 years
gptkbp:serves All U. S. States
U. S. Territories
gptkbp:target_market Startups and Existing Businesses
gptkbp:uses Purchase Equipment
Purchase Inventory
Refinance Existing Debt
Start a New Business