1. Support Center
  2. SBA 7(a) Small Business Loans

I operate as a sole proprietorship and do not have additional employees, am I eligible to apply for this loan?

Yes, sole proprietors are eligible to apply for this loan if they meet the SBA and Lender eligibility requirements.



NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program.  SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.