Which of the following statements regarding the Small Business Administration (SBA) is not true?
A) SBA loans require at least 15% owner's equity.
B) The SBA Microloan Program provides up to $75,000 in long-term loans to small businesses.
C) SBA Microloans have repayment terms of up to 10 years.
D) All of the above
Correct Answer:
Verified
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