Sole Proprietor

an individual who owns an unincorporated business by himself/ or herself.

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.
Cash-basis Accounting
records revenue when cash is...
S-Corporation
A form of corporation, allowed by...
GPM%
The measure of every sales dollar left...
Small Disadvantaged Business Concern
A small business concern that...
Corporation (C-corp.)
The most common form of business org...
Negotiation
Contracting through the use of...
Limited Partnership
A business organization with one or...
Subcontract
A contract between a prime cont...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Operating Leases
are deducted on the company’s...
Injury Analysis
Measures the effects of...
Current Liabilities
A balance sheet item, which...
Joint Venture
In the SBA Mentor-Protégé Program...
Protégé
A firm in a developmental stage that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...

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