Business Activity

The business (or loss) activity of the applicant business prior to any consideration of affiliation.

Updated on
September 9, 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.
Adjusted Net Worth
Post disaster fair market value of tangible...
Principal
the owner(s) of the Applicant Entity that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Liabilities
A financial obligation...
Depreciation
A non-cash operating expense that...
GPM%
The measure of every sales dollar left...
Best and Final Offer
For negotiated procurements...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Protégé
A firm in a developmental stage that...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...
Projection
An estimate of future economic or...
Current Assets
A balance sheet item which equals...
Contracting Officer
A person with the authority to...

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