Question

Elena plans to open a non-profit child-care center in her depressed neighborhood. She may qualify for an SBA loan program that provides loans of up to $50,000 known as the:

a. 7(a) Loan Guaranty Program.

b. 7(m) Microloan Program.

c. Certified Development Company 504 Loan Program.

d. Small Business Investment Program.

Answer

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