Many small-business owners have a difficult time finding financing to start or expand their business. The
Small Business Administration is one potential source of financing for many types of small businesses, but
there are also some businesses that do not quality for SBA loans.
Go to sba.gov, search for "7(a) loan program eligibility", and see whether the following businesses are
eligible to apply for SBA financing:

1. Growing Like a Weed is a lawn-care business that needs funding to buy additional equipment in
order to expand. Does it meet SBA criteria? Why or why not?

2. Glamour Galore is a cosmetic company that pays sales commissions based on a system that depends
on salespeople recruiting additional salespeople. It needs funding to build a marketing campaign?
Does it meet SBA criteria? Why or why not?

3. Glory Days is a senior day care center operated by a local church. It needs funding to remodel the
center's kitchen and install an elevator to make the building accessible to those in wheelchairs. Does
it meet SBA criteria? Why or why not?

4. Lettuce Entertain U is a company needing funding to remodel an old warehouse to house its latest
vegan restaurant. Does it meet SBA criteria? Why or why not?

5. The SBA loaned about $750 billion in FY 2020. In your opinion, what will be the long-term impact
(positive and negative) to small businesses and the economy.