Corporation (C-corp.)

The most common form of business organization, and one, which is chartered by a state and given many legal rights as an entity separate from its owners. Characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern.

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.
Partnership
A type of unincorporated business org...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Assets
The amount of current assets that is left...
Current Assets
A balance sheet item which equals...
Cash Flow Test
Part of the CET that determines if...
Contracting Officer
A person with the authority to...
Affiliate
Business concerns are affiliates if one concern...
Joint Venture
In the SBA Mentor-Protégé Program...
Request for Proposal (RFP)
A document outlining a...
Mentor
A business, usually large, or...
Intermediary Organization
Organizations that play a funda...
NAICS
NAICS codes are common...
Contracting
Purchasing, renting, leasing, or...
Amortization
A non-cash operating expense that...
Companion File
When an applicant has another application filed...

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