Adjusted Net Worth

Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.

Updated on
September 8, 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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Affiliated Group
When two or more...
Trend Analysis
A comparative analysis of...
Normal Annual Sales
Those sales that would have...
Defense Contractor
Any person who enters into...
Intermediary Organization
Organizations that play a funda...
Limited Partnership
A business organization with one or...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Cash-basis Accounting
records revenue when cash is...
Normal Gross Margin
The margin that would have been...
Acquisition
The acquiring of supplies or...
S-Corporation
A form of corporation, allowed by...
Injury Period
The time period during...
Negotiation
Contracting through the use of...

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