Projection

An estimate of future economic or financial performance. Generally presented in the form of a Profit and Loss StatementP&L.

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...
Cash-basis Accounting
records revenue when cash is...
Request for Proposal (RFP)
A document outlining a...
Fair and Reasonable Price
A price that is fair to both parties...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Contracting Officer
A person with the authority to...
Days Receivable
A measure of the average time a...
Small Disadvantaged Business Concern
A small business concern that...
Assets
The amount of current assets that is left...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Emerging Small Business
A small business concern whose...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.