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Businesses ineligible for SBA loansQuestion What kind of businesses are ineligible for an SBA loan?
Answer Here is a list of some of the types of business that may not apply for an SBA loan guarantees.
- Real-estate investment firms - Businesses engaged in speculative activities - Firms involved in lending activities - Businesses that use pyramid sales plans - Firms engaged in any illegal activities - Firms in the gambling industry - Charitable religious or other nonprofit institutions
Brain Trust contributor:
Editor, Streetwise Small Business Book of Lists
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