Extraordinary Items

Additional expenses that are outside “normal” operations and caused directly by the disaster.

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.
Affiliates
Business concerns, organizations, or...
Injury Analysis
Measures the effects of...
Contract
A mutually binding legal rel..
Trend Analysis
A comparative analysis of...
Assets
The amount of current assets that is left...
Protégé
A firm in a developmental stage that...
Projection
An estimate of future economic or...
Intermediary Organization
Organizations that play a funda...
Affiliate
Business concerns are affiliates if one concern...
Small Business
A business smaller than...
Break-even Analysis
A calculation of the approximate sales...
Hardship Waiver
Method used to approve a...
Credit Elsewhere Test (CET)
The test to determine the...
Principal
the owner(s) of the Applicant Entity that...
Request for Proposal (RFP)
A document outlining a...

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