What is the small business loan total amount given out?
The Canadian government grants and loans program is designed to help Canadians start in their own small businesses and has committed billions of dollars to this program to make it work. The small business loan total amount given out does vary a lot, and it depends on the particular loan that you apply for. Loans are provided to many thousands of businesses yearly, and loan amounts can range anywhere from $5,000 to $100,000. You can possibly receive a loan up to $500,000 to start a small business.
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