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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Cash Flow Test
Part of the CET that determines if...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Disadvantaged Business Concern
A small business concern that...
Protégé
A firm in a developmental stage that...
Negotiation
Contracting through the use of...
Corporation (C-corp.)
The most common form of business org...
SCORE
Counselors to America's Small Bus...
Normal Annual Sales
Those sales that would have...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Lien
A legal claim against an...
Joint Venture
In the SBA Mentor-Protégé Program...
Contracting
Purchasing, renting, leasing, or...
Trend Analysis
A comparative analysis of...

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