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.
Liabilities
A financial obligation...
B/E (Business EIDL) Loan
A business loan that...
Operating Leases
are deducted on the company’s...
Defense Contractor
Any person who enters into...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Full and Open Competition
With respect to a contract action...
Electronic Data Interchange
Transmission of information bet...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Normal Annual Sales
Those sales that would have...
Contractor Team Arrangement
An arrangement in which...
Protégé
A firm in a developmental stage that...
Capital Leases
are for the purchase of fixed assets such as...
Subsidiary
A company for which a majority of the...
Projection
An estimate of future economic or...
NAICS
NAICS codes are common...

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