Small Business Association

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Small Business Association (SBA)
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About the SBA

• Established in 1953
• Provides financial, technical and management
  assistance to help Americans start, run, and grow
  their business
• Nations largest financial backer of small
  businesses with loans and loan guarantees worth
  more than 45 billion
• Offers assistance to more than one million small
  business owners annually

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Small Business vital statistics

• There are approximately 25 million small
  businesses in U.S.
• Nearly 900,000 of these are new employer
  businesses.
• Small businesses hire more women, younger
  workers, older workers, and part-time workers.
• Small businesses provide 67 of workers with
  their first jobs and initial on-the-job training.
• Small business bankruptcies are the lowest in 19
  years.

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Small Businesses...

• Provide about 75 of new jobs added to economy.
• Represent 99.7 of all employers.
• Employ 53 of the private workforce.
• Provide 47 percent of all sales in the country.
• Represent 96 of all U.S. exporters.