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  2. SBA 7(a) Small Business Loans

What is the loan term for an SBA 7(a) Working Capital Loan through NEWITY?

All loans will have a term of 10 Years / 120 Months.  Loan payments will be made monthly and will include principal and interest.

 

 

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.