Income Statement

Shows the entity’s income and expenses. (similar to a Profit & Loss Statement)

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.
Physical Loans
Funds to repair/replace dis...
Contracting
Purchasing, renting, leasing, or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
NAICS
NAICS codes are common...
Contractor Team Arrangement
An arrangement in which...
Days Receivable
A measure of the average time a...
Duplicated Interest
The amount of interest exp...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Lien
A legal claim against an...
Subsidiary
A company for which a majority of the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Best and Final Offer
For negotiated procurements...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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