The Average SBA 7(A) Loan Amount in 2015 Was $371,628

question 67

True/False

The average SBA 7(A) loan amount in 2015 was $371,628.

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Definitions:

Rapid Promotion

Rapid promotion involves quickly advancing in rank or position within an organization, typically as a result of outstanding performance or recognition of potential.

Contextual Power

The influence or authority derived from an individual's or group's ability to understand and leverage the dynamics of a specific context or situation.

Major Sources

The main origins or causes of information, data, or phenomena, which are integral for understanding a given context or situation.

Level The Playing Field

To ensure fairness by eliminating advantages or discrepancies among participants in a situation.