Which of the Following Statements Is Not Correct Regarding the SBA

Which of the following statements is not correct regarding the SBA 7(A) Loan Guaranty Program?

A) It is the most notable SBA program available to small businesses.
B) The program accounts for 90 percent of the SBA's loan activity.
C) The 7(A) guaranty program has a direct loan counterpart, the 7(B) direct loan program.
D) Almost all small businesses are eligible to apply for it.
E) A 7(A) guaranteed loan can be used for working capital.

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