Approximately 75% of SBA-guaranteed loans go to small businesses start-ups.

Name: Approximately 75% of SBA-guaranteed loans go to small businesses start-ups.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

According to the Small Business Administration (SBA), around 57% of SBA-guaranteed loans go to small business start-ups, while the remaining 43% go to existing small businesses for various purposes, such as expanding their business or purchasing equipment.

Approximately 75% of SBA-Guaranteed Loans Go to Small Businesses Start-Ups