Adjusted Net Worth

Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.

Updated on
September 8, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Protégé
A firm in a developmental stage that...
Projection
An estimate of future economic or...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Partnership
A type of unincorporated business org...
Limited Partnership
A business organization with one or...
Collateral
Assets pledged by a borrower to secure a loan...
Guarantor
The legal entity and...
GPM%
The measure of every sales dollar left...
Primary Activity
The major business activity of...
Request for Proposal (RFP)
A document outlining a...
Comparative Analysis
Is designed to point out significant trends that...
Hardship Waiver
Method used to approve a...
Phase 2
Process to be used to determine economic injury for...
Cash-basis Accounting
records revenue when cash is...
Days Receivable
A measure of the average time a...

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