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7(m) loan programQuestion What is the SBA 7(m) loan program?
Answer The 7(M) program provides short-term loans for up to $35,000 to small businesses and not-for-profit child care centers, to be used for working capital, or the purchase of inventory, supplies, furniture, fixtures, equipment or machinery.
Applications should be made directly with SBA intermediary lenders.
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Editor, Streetwise Small Business Book of Lists
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