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The Most Popular Loan Program Provided by the Small Business

question 14

Essay

The most popular loan program provided by the Small Business Administration is the basic 7(a)Loan Guaranty program.What is the 7(a)Loan Guaranty program? In your answer please address the following points: who is eligible for the loans,how the loans are administered,typical requirements of the applicant,who is responsible for the repayment of the loan,and what happens if there is a loan default.


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A state of being actively engaged in tasks or activities, often associated with a high level of occupation or preoccupation with work-related duties.

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A perspective that considers an object, issue, or concept in terms of length, width, and depth, often leading to a more comprehensive understanding.

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The process of learning and adapting to the norms, values, and behaviors of a society or group.

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An American diversified multinational entertainment and media conglomerate known for its film studio, theme parks, and merchandise.

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