Companion File

When an applicant, affiliate, and/or principal has another application filed for the same disaster for separate damages.

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.
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Credit Score Test
Part of the home loan CET show a...
Contract
A mutually binding legal rel..
Phase 1
Process used to determine the...
SCORE
Counselors to America's Small Bus...
Business Activity
The business (or loss) activity of...
Depreciation
A non-cash operating expense that...
Injury Analysis
Measures the effects of...
Income Statement
Shows the entity’s income and...
Physical Loans
Funds to repair/replace dis...
Comparative Analysis
Is designed to point out significant trends that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Normal Annual Sales
Those sales that would have...
Corporation (C-corp.)
The most common form of business org...
Subcontract
A contract between a prime cont...

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