Research the Small Business Administration - 77801

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Research the Small Business Administration website and or books, and describe the overall process of obtaining a small business loan.

Answer the following questions:

What levels of funding are available through the SBA?

What criteria does the SBA establish to qualify applicants for loans?

What reporting is required of the borrower?

Are there special programs for minority owners, and how does one qualify for such programs?

How long does the approval process take?

What is the success rate of SBA loans?

What are the characteristics of successful loan applicants? 


Answer each question thouroughly

Provide an introduction which states the purpose of the research

Provide a conclusion which summarizes the findings 

This research should be 3 pages in length and written in the third person

Provide at least 2 references.


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