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.
Injury Period
The time period during...
Adjusted Net Worth
Post disaster fair market value of tangible...
Assets
The amount of current assets that is left...
Phase 2
Process to be used to determine economic injury for...
Principal
the owner(s) of the Applicant Entity that...
Business Activity
The business (or loss) activity of...
Subsidiary
A company for which a majority of the...
Applicant Entity
The business entity requesting...
Income Statement
Shows the entity’s income and...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Emerging Small Business
A small business concern whose...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Primary Activity
The major business activity of...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Days Payable
A measure of the average time a...

Get the quick rundown on SBA Loans

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