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.
Contracting
Purchasing, renting, leasing, or...
Protégé
A firm in a developmental stage that...
Assets
The amount of current assets that is left...
Small Business
A business smaller than...
Adjusted Net Worth
Post disaster fair market value of tangible...
Certified 8(a) Firm
A firm owned and operated by socially and...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SCORE
Counselors to America's Small Bus...
Credit Elsewhere Test (CET)
The test to determine the...
Trend Analysis
A comparative analysis of...
NAICS
NAICS codes are common...
Applicant Individual
aka who is requesting an SBA loan...
Corporation (C-corp.)
The most common form of business org...
Negotiation
Contracting through the use of...
Prime Contract
A contract awarded directly...

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