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.
Sole Proprietor
an individual who...
Companion File
When an applicant has another application filed...
Equity
An accounting term used to...
Negotiation
Contracting through the use of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Credit Score Test
Part of the home loan CET show a...
Operating Leases
are deducted on the company’s...
Best and Final Offer
For negotiated procurements...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Injury Analysis
Measures the effects of...
Income Statement
Shows the entity’s income and...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
GPM%
The measure of every sales dollar left...
Full and Open Competition
With respect to a contract action...
Substantial Damage
This means uninsured or otherwise uncompensated...

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