The Small Business Administration (SBA) Explained
The Small Business Administration, or SBA, is an independent federal government agency that exists to support small businesses and entrepreneurs across the United States. To do so, the SBA offers a variety of training programs and educational resources to help small businesses thrive. In addition, the SBA guarantees loans for small business borrowers througout the country. For example, in 2017, the agency’s flagship 7(a) loan program guaranteed more than $25 billion of loans for small businesses.