Applicant Individual

Individual requesting disaster loan assistance.

Updated on
September 8, 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.
Acquisition
The acquiring of supplies or...
Current Liabilities
A balance sheet item, which...
Joint Venture
In the SBA Mentor-Protégé Program...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Substantial Damage
This means uninsured or otherwise uncompensated...
Affiliates
Business concerns, organizations, or...
Fair and Reasonable Price
A price that is fair to both parties...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Working Capital (WC)
The amount of current assets that...
Applicant Entity
The business entity requesting...
Affiliate
Business concerns are affiliates if one concern...
Electronic Data Interchange
Transmission of information bet...
Small Disadvantaged Business Concern
A small business concern that...
Limited Partnership
A business organization with one or...
Credit Elsewhere Test (CET)
The test to determine the...

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