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The U.S. Small Enterprise Administration (SBA) was created in 1953 as an impartial agency of the federal government to help, counsel, help and protect the pursuits of small business considerations, to preserve free competitive enterprise and to keep up and strengthen the general financial system of our nation. The loans can range in amount from a couple of hundred dollars to as a lot as $35,000. Should the second method be chosen, the financial institution will submit the application to SBA on behalf of each the borrower and itself. This program assists within the improvement of small companies owned and …