Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Patriot Express: SBA Should Evaluate the Program and Enhance Eligibility Controls

Patriot Express: SBA Should Evaluate the Program and Enhance Eligibility Controls

Government Accountability Office

Paperback

General Reference

ISBN10: 150295446X
ISBN13: 9781502954466
Publisher: Createspace
Published: Oct 31 2014
Pages: 76
Weight: 0.44
Height: 0.16 Width: 8.50 Depth: 11.00
Language: English
SBA was created in 1953 to assist and protect the interests of small businesses, in part by addressing constraints in the supply of credit for these firms. The 7(a) program, named after the section of the Small Business Act that authorized it, is SBA's largest business loan program. The program is intended to serve creditworthy small business borrowers who cannot obtain credit through a conventional lender at reasonable terms and do not have the personal resources to provide financing themselves. Under the 7(a) program, SBA guarantees loans made by commercial lenders to small businesses for working capital and other general business purposes.

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