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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Amortization
A non-cash operating expense that...
Assets
The amount of current assets that is left...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Substantial Damage
This means uninsured or otherwise uncompensated...
Contracting
Purchasing, renting, leasing, or...
B/E (Business EIDL) Loan
A business loan that...
Guarantor
The legal entity and...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Affiliates
Business concerns, organizations, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Primary Activity
The major business activity of...
Break-even Analysis
A calculation of the approximate sales...
Comparative Analysis
Is designed to point out significant trends that...
Contractor Team Arrangement
An arrangement in which...

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