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.
Operating Leases
are deducted on the company’s...
Amortization
A non-cash operating expense that...
Joint Venture
In the SBA Mentor-Protégé Program...
Prime Contract
A contract awarded directly...
Injury Analysis
Measures the effects of...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Protégé
A firm in a developmental stage that...
Injury Period
The time period during...
Primary Activity
The major business activity of...
Projection
An estimate of future economic or...
Normal Annual Sales
Those sales that would have...
Defense Contractor
Any person who enters into...
NAICS
NAICS codes are common...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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