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.
Substantial Damage
This means uninsured or otherwise uncompensated...
Depreciation
A non-cash operating expense that...
Normal Gross Margin
The margin that would have been...
Fair and Reasonable Price
A price that is fair to both parties...
Amortization
A non-cash operating expense that...
Affiliated Group
When two or more...
Business Activity
The business (or loss) activity of...
Joint Venture
In the SBA Mentor-Protégé Program...
Phase 1
Process used to determine the...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Applicant/Co-Applicant
Business entity and person requesting...
Applicant Entity
The business entity requesting...
Operating Leases
are deducted on the company’s...
Electronic Data Interchange
Transmission of information bet...
Contract
A mutually binding legal rel..

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