Applicant Entity

The LLC, Partnership, Trust or Corporation requesting disaster loan assistance.

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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Contractor
Any person who enters into...
Adjusted Net Worth
Post disaster fair market value of tangible...
Fair and Reasonable Price
A price that is fair to both parties...
Contracting
Purchasing, renting, leasing, or...
Intermediary Organization
Organizations that play a funda...
Break-even Analysis
A calculation of the approximate sales...
Applicant Entity
The business entity requesting...
Cash Flow Test
Part of the CET that determines if...
Projection
An estimate of future economic or...
Hardship Waiver
Method used to approve a...
Comparative Analysis
Is designed to point out significant trends that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Protégé
A firm in a developmental stage that...
Credit Score Test
Part of the home loan CET show a...

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