The U.S. Small Business Administration (SBA) provides 7(a) loans for small businesses through commercial lenders.
Commercial lenders make loans of up to $2 million dollars. SBA guarantees up to $1.5 million dollars of any loan. The loans are for starting new businesses, mergers, or expanding existing businesses. There are multiple specialized loans available for certain businesses.
U.S. Small Business Administration
New York District Office
26 Federal Plaza, Suite 3100
Phone: (800) 827-5722
Fax: (212) 264-4693