________ were created by the SBA in 1992 to provide loans under $50,000 that are normally shunned by banks.

Question

Quizplus · Accepted Answer

Microloans were created by the SBA in 1992 to provide small loans of up to $50,000 to small businesses that are typically overlooked by traditional banks due to higher risks associated with lending such small amounts. These loans are typically used for start-up costs, working capital, equipment purchases, and other business-related expenses.

________ Were Created by the SBA in 1992 to Provide