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.
Days Receivable
A measure of the average time a...
Trend Analysis
A comparative analysis of...
Income Statement
Shows the entity’s income and...
Injury Period
The time period during...
Limited Partnership
A business organization with one or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Affiliated Group
When two or more...
Prime Contract
A contract awarded directly...
Electronic Data Interchange
Transmission of information bet...
Amortization
A non-cash operating expense that...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business
A business smaller than...
Current Assets
A balance sheet item which equals...
Fair and Reasonable Price
A price that is fair to both parties...
Acquisition
The acquiring of supplies or...

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