Question: Figure 17.2: SBA 7(A) Guaranteed Loans: The SBA does not actually lend any money to it merely acts as an insurer, guaranteeing the lender a

Figure 17.2: SBA 7(A) Guaranteed Loans: The SBA does not actually lend any money to it merely acts as an insurer, guaranteeing the lender a certain level of repayment in case the borrower defaults on the loan: Small Businesses Equity Firms Corporations Local Lenders All of the Above Venture Capitalists Figure 17.2: SBA 7(A) Guaranteed Loans: In 1976-1978 SBA (A) Loans were an average amount of Loans were in the amount of and by 2006 SBA 7(A) O S6billion and $16 billion o Slbillion and S8billion None of the Above O S100million and Sibillion S4billion and S16billion S2billion and Sl4billion Figure 17.2: SBA 7(A) Guaranteed Loans: Qualifying for an SBA loan guarantee requires cooperation among Banks, Entrepreneurs, and Department of Housing and Urban Development (HUD) Entrepreneurs and Small Business Administration (SBA) Banks, Entrepreneurs, and Small Business Administration (SBA) Banks and Entrepreneurs Small Business Administration (SBA) and Service Corps of Retired Executives (SCORE) Banks and Small Business Administration (SBA)

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