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.
Normal Annual Sales
Those sales that would have...
Limited Partnership
A business organization with one or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Depreciation
A non-cash operating expense that...
Days Payable
A measure of the average time a...
Contracting Officer
A person with the authority to...
Collateral
Assets pledged by a borrower to secure a loan...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Operating Leases
are deducted on the company’s...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Best and Final Offer
For negotiated procurements...
Trend Analysis
A comparative analysis of...
Liabilities
A financial obligation...
NAICS
NAICS codes are common...
Subsidiary
A company for which a majority of the...

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