The Small Business Administration (SBA) is a United States government agency that provides support to small businesses.
The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."
The SBA makes loans directly to businesses and acts as a guarantor on bank loans. In some ...
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The Small Business Administration (SBA) is a United States government agency that provides support to small businesses.
The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."
The SBA makes loans directly to businesses and acts as a guarantor on bank loans. In some circumstances it also makes loans to victims of natural disasters, works to get government procurement contracts for small businesses, and assists businesses with management, technical and training issues.
The SBA has directly or indirectly helped nearly 20 million businesses and currently holds a portfolio of roughly 219,000 loans worth more than $45 billion making it the largest single financial backer of businesses in the United States.
The SBA was established on July 30, 1953, by the United States Congress with the passage of the Small...
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