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.
Assets
The amount of current assets that is left...
Intermediary Organization
Organizations that play a funda...
Principal
the owner(s) of the Applicant Entity that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Operating Leases
are deducted on the company’s...
Equity
An accounting term used to...
Contractor Team Arrangement
An arrangement in which...
Business Activity
The business (or loss) activity of...
Cash Flow Test
Part of the CET that determines if...
Negotiation
Contracting through the use of...
Hardship Waiver
Method used to approve a...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Break-even Analysis
A calculation of the approximate sales...
Small Business
A business smaller than...

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