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.
Intermediary Organization
Organizations that play a funda...
SCORE
Counselors to America's Small Bus...
Contracting
Purchasing, renting, leasing, or...
Income Statement
Shows the entity’s income and...
Affiliate
Business concerns are affiliates if one concern...
Protégé
A firm in a developmental stage that...
Trend Analysis
A comparative analysis of...
Cash-basis Accounting
records revenue when cash is...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Contracting Officer
A person with the authority to...
Liabilities
A financial obligation...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Phase 1
Process used to determine the...
Cash Flow Test
Part of the CET that determines if...
Capital Leases
are for the purchase of fixed assets such as...

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