S-Corporation

A form of corporation, allowed by the IRS for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership.

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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Lien
A legal claim against an...
Best and Final Offer
For negotiated procurements...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Contract
A mutually binding legal rel..
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Protégé
A firm in a developmental stage that...
Fair and Reasonable Price
A price that is fair to both parties...
Injury Period
The time period during...
Capital Leases
are for the purchase of fixed assets such as...
Depreciation
A non-cash operating expense that...
Affiliate
Business concerns are affiliates if one concern...
Break-even Analysis
A calculation of the approximate sales...
Business Activity
The business (or loss) activity of...

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