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.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Small Business Administration 7(a) Loan Program canonical | 2 |
| SBA 7(a) Loan Program | 1 |
| SBA general small business lending | 1 |
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