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)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal loan guarantee program ⓘ
small business loan program ⓘ
administeredBy U.S. Small Business Administration ⓘ
alsoKnownAs SBA 7(a) Loan Program ⓘ
beneficiary eligible for-profit small businesses ⓘ
entrepreneurs ⓘ
small business owners ⓘ
category government-backed business loans ⓘ
country 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 U.S. Congress ⓘ
partOf U.S. Small Business Administration loan programs ⓘ
primaryProgramFor 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 SBA 504 Loan Program ⓘ
SBA Express Loan Program ⓘ
SBA Microloan Program ⓘ
linked to: 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 ⓘ

How these facts were elicited

Referenced by (5)

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 Company → relatedProgram → Small Business Administration 7(a) Loan Program ⓘ
Small Business Administration 7(a) Loan Program → alsoKnownAs → SBA 7(a) Loan Program ⓘ
linked to: Small Business Administration 7(a) Loan Program
Small Business Administration 7(a) Loan Program → primaryProgramFor → SBA general small business lending ⓘ
linked to: Small Business Administration 7(a) Loan Program
U.S. Small Business Administration loan programs → includesProgram → SBA 7(a) Loan Program ⓘ
linked to: Small Business Administration 7(a) Loan Program