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.
Affiliates
Business concerns, organizations, or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Best and Final Offer
For negotiated procurements...
Contract
A mutually binding legal rel..
Current Assets
A balance sheet item which equals...
Assets
The amount of current assets that is left...
Trend Analysis
A comparative analysis of...
Credit Score Test
Part of the home loan CET show a...
Sole Proprietor
an individual who...
Cash-basis Accounting
records revenue when cash is...
Subsidiary
A company for which a majority of the...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Physical Loans
Funds to repair/replace dis...
Subcontract
A contract between a prime cont...

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