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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliates
Business concerns, organizations, or...
Partnering
A mutually beneficial business-to-bus...
Protégé
A firm in a developmental stage that...
SCORE
Counselors to America's Small Bus...
Full and Open Competition
With respect to a contract action...
Phase 1
Process used to determine the...
S-Corporation
A form of corporation, allowed by...
Duplicated Interest
The amount of interest exp...
Depreciation
A non-cash operating expense that...
Contracting Officer
A person with the authority to...
Applicant/Co-Applicant
Business entity and person requesting...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Contractor Team Arrangement
An arrangement in which...
Sole Proprietor
an individual who...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.