Applicant Entity

The LLC, Partnership, Trust or Corporation requesting disaster loan assistance.

Updated on
September 9, 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.
Comparative Analysis
Is designed to point out significant trends that...
Injury Period
The time period during...
Mentor
A business, usually large, or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Credit Elsewhere Test (CET)
The test to determine the...
GPM%
The measure of every sales dollar left...
Collateral
Assets pledged by a borrower to secure a loan...
Working Capital (WC)
The amount of current assets that...
Request for Proposal (RFP)
A document outlining a...
Intermediary Organization
Organizations that play a funda...
Subsidiary
A company for which a majority of the...
S-Corporation
A form of corporation, allowed by...
Duplicated Interest
The amount of interest exp...
Partnering
A mutually beneficial business-to-bus...
Adjusted Net Worth
Post disaster fair market value of tangible...

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