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Explain the Different SBA Loan Programs

question 15

Essay

Explain the different SBA loan programs.Explain how a typical SBA loan guarantee works.What interest rates do such loans normally carry?


Definitions:

Separation of Powers

A model for governance that divides the state's powers into distinct branches to prevent any one branch from gaining too much power.

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Tyranny

The oppressive and cruel use of power by a ruler or governing body, often without the consent of the governed.

Shays' Rebellion

An armed uprising in Western Massachusetts in 1786-1787, led by Daniel Shays, protesting fiscal policies and perceived economic injustices.

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