Schedule of Liabilities

A business debt schedule that lists all of the debts the business currently owes, including creditor name; original amount due; original due date; current balance; repayment status; maturity date; payment amount and frequency; and how debt is secured.

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.
Companion File
When an applicant has another application filed...
Normal Gross Margin
The margin that would have been...
S-Corporation
A form of corporation, allowed by...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Phase 1
Process used to determine the...
Prime Contract
A contract awarded directly...
Protégé
A firm in a developmental stage that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Business Activity
The business (or loss) activity of...
Extraordinary Items
Additional expenses that are...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Best and Final Offer
For negotiated procurements...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Depreciation
A non-cash operating expense that...

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