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.
Partnering
A mutually beneficial business-to-bus...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Extraordinary Items
Additional expenses that are...
Amortization
A non-cash operating expense that...
Affiliate
Business concerns are affiliates if one concern...
Break-even Analysis
A calculation of the approximate sales...
Assets
The amount of current assets that is left...
Equity
An accounting term used to...
Cash-basis Accounting
records revenue when cash is...
Credit Elsewhere Test (CET)
The test to determine the...
Request for Proposal (RFP)
A document outlining a...
Contractor Team Arrangement
An arrangement in which...
Emerging Small Business
A small business concern whose...
Joint Venture
In the SBA Mentor-Protégé Program...
Certified 8(a) Firm
A firm owned and operated by socially and...

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