The Average Loan in the SBA's Microloan Program Is $100,000

question 169

True/False

The average loan in the SBA's Microloan Program is $100,000 with a three-year repayment term.

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Definitions:

Chinese Exclusion Act

1882 law that halted Chinese immigration to the United States.

Naturalized Citizens

are individuals who have acquired citizenship in a country where they were not born, through a legal process involving certain qualifications and procedures.

Supervisory Positions

Jobs or roles that entail overseeing and directing the work of other employees or staff members.

Immigration Restriction League

A political organization founded in 1894 that called for reducingimmigration to the United States by requiring a literacy test for immigrants