Does the SBA Have State-Specific Requirements for Their Loan Programs?
Certain states may have their own requirements regarding the specifics of how the SBA 7(a) loan is used. Familiarize yourself with them before beginning the SBA 7(a) application process.
The Best (and Worst) States for Getting an SBA 7(a) Loan
No matter where you live in the United States, you’re eligible for an SBA 7(a) loan to help start or grow your business. However, because SBA 7(a) loans are made by lending partners and not directly by the U.S. Small Business Administration, many people assume some states offer the lion’s share of