Applicant Individual

Individual requesting disaster loan assistance.

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.
Joint Venture
In the SBA Mentor-Protégé Program...
Corporation (C-corp.)
The most common form of business org...
Acquisition
The acquiring of supplies or...
Emerging Small Business
A small business concern whose...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Adjusted Net Worth
Post disaster fair market value of tangible...
Cash-basis Accounting
records revenue when cash is...
Credit Score Test
Part of the home loan CET show a...
Prime Contract
A contract awarded directly...
Best and Final Offer
For negotiated procurements...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
SCORE
Counselors to America's Small Bus...
Contractor Team Arrangement
An arrangement in which...
Partnership
A type of unincorporated business org...
Assets
The amount of current assets that is left...

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