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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Subsidiary
A company for which a majority of the...
Joint Venture
In the SBA Mentor-Protégé Program...
SCORE
Counselors to America's Small Bus...
B/E (Business EIDL) Loan
A business loan that...
S-Corporation
A form of corporation, allowed by...
Corporation (C-corp.)
The most common form of business org...
Emerging Small Business
A small business concern whose...
Small Disadvantaged Business Concern
A small business concern that...
Injury Analysis
Measures the effects of...
Current Assets
A balance sheet item which equals...
Normal Annual Sales
Those sales that would have...
Injury Period
The time period during...
Limited Partnership
A business organization with one or...
Current Liabilities
A balance sheet item, which...

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