The Small Business Administration helps economically weaker sections of the society to apply for loans to set up small businesses and facilitate their development
Step-by-step explanation:
- The Small Business Administration (SBA) was established in the year 1953 to provide financial assistance to the small businesses.
- Apart from providing financial assistance SBA also counsel individual who are trying to setup or grow their businesses.
- SBA also acts as an advocate as it provides legislative advice's to the small business houses .