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Read through Chapter 15 (https://wetransfer.com/downloads/382e6c51dc5f90e2ae5de9

April 28, 2024

Read through Chapter 15 (https://wetransfer.com/downloads/382e6c51dc5f90e2ae5de9ad59cdd58020240318212405/5c6c541fdd3107df53ad3ffe41e48ca520240318212405/e55bd7?trk=TRN_TDL_01&utm_campaign=TRN_TDL_01&utm_medium=email&utm_source=sendgrid) (Financial Management). Go to sba.gov, search for “7(a) loan program eligibility”. Using this information, answer the questions in the section of the text titled Putting Principles to Work (four in total). In addition to those questions, respond to my additional questions below.
In 2023, the SBA announced changes to the loan program (https://www.sba.gov/article/2023/08/10/business-loan-program-improvements). You can read an explanation of the changes from Bankrate (https://www.bankrate.com/loans/small-business/sba-rule-changes/), and/or you can view a YouTube video (https://www.youtube.com/watch?v=pnXyxTrQ-do&ab_channel=SBARay) discussing the changes.
Are these changes good for small businesses?
Are these changes good for overall economic health in the United States? What will be the long-term effect?
If you own or plan to own a small business, would you apply for one of these loans? Why or why not?
Your response must be a minimum of 500 words and you are to cite your resources following the APA guidelines. This means using double space and including the textbook as well as secondary sources in citations and the reference page (this means something like a news article related to the SBA loan program or inflation).

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