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The U.S. Small Business Administration Community Advantage Loan program is designed for new and existing businesses that need loans under $250,000. The loan can be used to finance a startup company or expand an existing small business or buy real estate. The SBA guarantees 85 percent of loans up to $150,000 and 75 percent of loans greater than ...
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]
SBA loans aim to make it easier for small businesses to get the funding they need to launch and operate. In the 2023 fiscal year — which ended September 30, 2023 — the SBA issued more than ...
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Total SBA amount funded in state. Top 5 SBA lenders. Connecticut. $290.42 million. Webster Bank National Association ($45.01 million) Live Oak Bank ($32.05 million) Celtic Bank Corporation ($19.26 ...
Wells Fargo. $427,603,100. $199,815. Amounts accurate for fiscal year 2023, ending September 30, 2023. For the 2023 fiscal year, SBA 7 (a) lenders approved over 57,362 loans for a total of $27.5 ...
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