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.
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Injury Analysis
Measures the effects of...
Principal
the owner(s) of the Applicant Entity that...
Acquisition
The acquiring of supplies or...
Amortization
A non-cash operating expense that...
GPM%
The measure of every sales dollar left...
Corporation (C-corp.)
The most common form of business org...
Request for Proposal (RFP)
A document outlining a...
Phase 2
Process to be used to determine economic injury for...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Days Payable
A measure of the average time a...
Affiliate
Business concerns are affiliates if one concern...
Affiliated Group
When two or more...
Depreciation
A non-cash operating expense that...

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