An independent agency of the U.S. federal government that aids, counsels, assists, and protects the interests of small business concerns to preserve free competitive enterprise and to maintain and strengthen the overall economy of the nation.
The SBA lends money to homeowners and renters at low-interest rates to repair or replace homes and/or personal belongings not covered by insurance. The SBA also offers low-interest business loans to qualifying businesses and nonprofit organizations that suffered physical and/or economic injury damages/losses not covered by insurance.
independent federal agency in the executive branch. Created in 1953, it provides aid, advice, assistance and support to small businesses in the United States. In addition, the agency makes loans to small businesses, state and local developers and victims of floods and other disasters.
Federal agency that aims to assist small businesses with advice, financing, and other business developmentaid. The SBA itself does not make loans, but guarantees repayment of loans made by a bank or finance company.
An independent federal agency that assists and advocates for small businesses. The SBA offers a variety of loans and other types of financial assistance. The majority of business loans are in the form of partial guarantees on loans made by private lenders. The SBA offers special programs for women, minorities, the handicapped, veterans, and very small businesses.
Federal agency created in 1953 to provide management and financial assistance to small businesses. Mainly, the SBA guarantees loans through financial institutions. The loans may be used for working capital, machinery and equipment acquisition of real estate, and expansion.