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Navigating the Maze of the SBA

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Abstract

When the U.S. government talks about small business, what they’re saying might not be what we’re hearing. They tend to look at small businesses differently than most of us do. You might be surprised to learn that Uncle Sam considers a $30 million company with over 200 employees a small business, but I doubt most Americans would. Needless to say, the financing needs of the local bookstore or barbershop around the corner are very different from a tech firm with hundreds of employees.

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Notes

  1. 1.

    Mills stepped down from her position at the end of August, 2013.

  2. 2.

    http://www.sba.gov/content/what-sba-offers-help-small-businesses-grow

  3. 3.

    The list is current as of this printing and is subject to change by the SBA at any time. You can find the most current list at www.SBA.gov.

  4. 4.

    http://www.sba.gov/content/use-7a-loan-proceeds

  5. 5.

    http://www.sba.gov/content/identifying-industry-codes

  6. 6.

    Section 501(d)(1) of the Small Business Investment Act (SBI Act): http://thomas.loc.gov/cgi-bin/query/z?c111:S.3839 :

  7. 7.

    Sections 501(d)(2) or (3) of the SBI Act.

  8. 8.

    http://www.sba.gov/content/application-business-loan

  9. 9.

    http://www.sba.gov/content/statement-personal-history

  10. 10.

    http://www.sba.gov/content/personal-financial-statement

  11. 11.

    http://www.sba.gov/content/small-business-owner-receives-sba-loan-working-capital

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© 2013 Ty Kiisel

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Kiisel, T. (2013). Navigating the Maze of the SBA. In: Getting a Business Loan. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-4999-3_5

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