SBA 7(a) Loan Program
The SBA 7(a) program is considered the SBA's flagship loan program, each year helping more than 60,000 small businesses obtain funding. The program partially guarantees loans up to $5 million made by credit unions or other direct lenders to eligible small businesses across the country.
The U.S. Small Business Administration (SBA) loan programs were created to promote economic growth by encouraging lenders to partner with eligible small businesses that may be struggling to secure financing on reasonable terms.