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Small Business Administration 7(a) Loan Guaranty Program Robert Jay Digger Senior Specialist in American National Government June 26, 2014Congressional Research Service 75700 www.crs.gov R41146Small

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What is businesses including loan guaranty?

Businesses including loan guaranty is a type of financial service provided to businesses to help them secure loans by providing a guarantee of repayment to the lender.

Who is required to file businesses including loan guaranty?

Businesses that are seeking loans and require a guarantor to secure the loan are typically required to file businesses including loan guaranty.

How to fill out businesses including loan guaranty?

To fill out businesses including loan guaranty, businesses must provide detailed information about their financial history, creditworthiness, and the amount of the loan they are seeking.

What is the purpose of businesses including loan guaranty?

The purpose of businesses including loan guaranty is to help businesses secure loans that they may not otherwise qualify for due to lack of credit history or collateral.

What information must be reported on businesses including loan guaranty?

Information that must be reported on businesses including loan guaranty typically includes the business's financial statements, credit history, and details of the loan being sought.

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