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.
SCORE
Counselors to America's Small Bus...
Acquisition
The acquiring of supplies or...
Applicant/Co-Applicant
Business entity and person requesting...
Amortization
A non-cash operating expense that...
NAICS
NAICS codes are common...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Partnership
A type of unincorporated business org...
Cash-basis Accounting
records revenue when cash is...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Analysis
Measures the effects of...
Collateral
Assets pledged by a borrower to secure a loan...
Defense Contractor
Any person who enters into...
Trend Analysis
A comparative analysis of...
Small Disadvantaged Business Concern
A small business concern that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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