Small Business Administration 7(a) Loan Program

E205105

The Small Business Administration 7(a) Loan Program is the U.S. federal government’s primary small-business lending initiative, providing partially guaranteed loans through private lenders to help entrepreneurs start, acquire, or expand their businesses.

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Statements (48)

Predicate Object
instanceOf United States federal loan guarantee program
small business loan program
administeredBy U.S. Small Business Administration
alsoKnownAs Small Business Administration 7(a) Loan Program
surface form: SBA 7(a) Loan Program
beneficiary eligible for-profit small businesses
entrepreneurs
small business owners
category government-backed business loans
country United States of America
surface form: United States
economicRole to promote job creation and economic development
enables lenders to extend credit to borrowers who might not otherwise qualify
excludes businesses engaged in illegal activities
nonprofit organizations as borrowers
speculative real estate investment
fundingMechanism loan guarantees rather than direct lending
guaranteeProvider U.S. Small Business Administration
guaranteeType partial guarantee of lender’s loan
legalBasis Small Business Act of 1953
loansProvidedBy banks
credit unions
non-bank lenders
private lenders
loanStructure lines of credit
term loans
loanUse business acquisition
equipment purchase
real estate purchase or improvement
refinancing certain existing business debt
working capital
oversightBy United States Congress
surface form: U.S. Congress
partOf U.S. Small Business Administration loan programs
primaryProgramFor Small Business Administration 7(a) Loan Program self-linksurface differs
surface form: SBA general small business lending
purpose to improve access to credit for small businesses
to support small business start-up, acquisition, and expansion
regulator U.S. Small Business Administration
relatedProgram CDC/504 Loan Program
surface form: SBA 504 Loan Program

U.S. Small Business Administration loan programs
surface form: SBA Express Loan Program

Microloan Program
surface form: SBA Microloan Program
requires borrowers to meet SBA size standards
borrowers to operate for profit
use of loan proceeds for approved business purposes
riskMitigationFor participating lenders
sector small business finance
supports business acquisitions
business expansion
business start-ups
targetMarket creditworthy small businesses lacking conventional financing
typicalBorrowerType independently owned and operated small business

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Small Business Investment Company Program relatedProgram Small Business Administration 7(a) Loan Program
Small Business Investment Companies relatedProgram Small Business Administration 7(a) Loan Program
subject surface form: Small Business Investment Company
Small Business Administration 7(a) Loan Program alsoKnownAs Small Business Administration 7(a) Loan Program
this entity surface form: SBA 7(a) Loan Program
Small Business Administration 7(a) Loan Program primaryProgramFor Small Business Administration 7(a) Loan Program self-linksurface differs
this entity surface form: SBA general small business lending