U.S. Small Business Administration loan programs

E749743

U.S. Small Business Administration loan programs are federally backed financing options designed to help small businesses start, operate, and expand by providing more accessible credit terms through participating lenders.

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Statements (63)

Predicate Object
instanceOf government-backed small business financing program portfolio
administeredBy U.S. Small Business Administration NERFINISHED
backedBy federal government of the United States NERFINISHED
country United States of America
surface form: United States
eligibilityCriteria must demonstrate ability to repay the loan
must demonstrate need for credit not available on reasonable terms elsewhere
must meet SBA definition of small business
must operate for profit for most programs
must operate in the United States or its territories
feature SBA review or approval for many loans
credit underwriting by private lenders
longer repayment terms than conventional loans
partial government guarantee of loan principal
potentially lower down payments
use of proceeds restrictions and guidelines
guaranteeProvider U.S. Small Business Administration NERFINISHED
implementedThrough banks
credit unions
non-bank lenders
participating lenders
includesProgram SBA 504 Loan Program NERFINISHED
SBA 7(a) Loan Program NERFINISHED
SBA CAPLines Program NERFINISHED
SBA Community Advantage Program NERFINISHED
SBA Disaster Loan Program NERFINISHED
SBA Export Express Program NERFINISHED
SBA Export Loan Programs NERFINISHED
SBA Export Working Capital Program NERFINISHED
SBA Express Loan Program NERFINISHED
SBA International Trade Loan Program NERFINISHED
SBA Microloan Program NERFINISHED
SBA Veterans Advantage initiatives NERFINISHED
intendedEffect encourage lenders to extend credit to higher-risk small businesses
promote economic development
support job creation and retention
legalBasis Small Business Act of 1953 and subsequent amendments NERFINISHED
oversightBy U.S. Congress NERFINISHED
purpose facilitate access to credit for small businesses
support small business creation
support small business expansion
support small business working capital needs
regulates eligible business types
eligible use of funds
fee structures
guarantee percentages
maximum loan amounts by program
riskMitigationMechanism federal loan guarantees to lenders
sector small business finance
supportsUseCase business acquisition
debt refinancing under certain conditions
disaster recovery and rebuilding
equipment purchase
export development and financing
inventory purchase
real estate acquisition
working capital financing
targetBeneficiary eligible agricultural enterprises
eligible nonprofit organizations
small businesses
startups
typicalLoanSizeRange 504 loans for major fixed assets often in the millions GENERATED
7(a) loans up to multi-million dollar limits GENERATED
microloans up to around $50,000 GENERATED

Referenced by (3)

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

Small Business Administration 7(a) Loan Program partOf U.S. Small Business Administration loan programs
Small Business Administration 7(a) Loan Program relatedProgram U.S. Small Business Administration loan programs
this entity surface form: SBA Express Loan Program
United States federal programs notableExample U.S. Small Business Administration loan programs
this entity surface form: Small Business Administration loan programs