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.
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
SCORE
Counselors to America's Small Bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Contractor Team Arrangement
An arrangement in which...
Negotiation
Contracting through the use of...
Full and Open Competition
With respect to a contract action...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
B/E (Business EIDL) Loan
A business loan that...
Fair and Reasonable Price
A price that is fair to both parties...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Comparative Analysis
Is designed to point out significant trends that...
Contracting
Purchasing, renting, leasing, or...
Operating Leases
are deducted on the company’s...
Mentor
A business, usually large, or...
Protégé
A firm in a developmental stage that...

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