The Maximum Loan Under the SBA's Community Express Program Is

question 45

Multiple Choice

The maximum loan under the SBA's Community Express Program is ________ with an SBA guarantee of up to ________ percent with a streamlined application process .

• A) $250,000; 35
• B) $250,000; 75
• C) $250,000; 85
• D) $500,000; 85

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Definitions:

GPS System

Global Positioning System, a satellite-based navigation system used to determine the precise location of an object or person on Earth.

GEO

Geostationary Earth Orbit, a type of orbit around the Earth that allows satellites to appear stationary relative to a position on the Earth.

LEO

Low Earth Orbit, an orbit around Earth with an altitude between 160 kilometers and 2,000 kilometers, used for communication satellites.

MEO

Medium Earth Orbit, a type of orbit around Earth typically used for satellites that provides broader coverage than low Earth orbit.