7(a) Loans

About 7(a) Loans

7(a) Loans are the most basic and flexible SBA financing option for small businesses. Loan proceeds can be used for working capital, equipment purchases, refinance of eligible existing debt and more.

Wakarusa Valley Development will package the loan guaranty application and will work directly with the SBA through the approval process. Once approved, the participating lender will close, disperse and service the loan.

Frequently Asked Questions