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.
Small Disadvantaged Business Concern
A small business concern that...
Working Capital (WC)
The amount of current assets that...
Days Receivable
A measure of the average time a...
Mentor
A business, usually large, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash Flow Test
Part of the CET that determines if...
Subcontract
A contract between a prime cont...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Acquisition
The acquiring of supplies or...
Trend Analysis
A comparative analysis of...
Projection
An estimate of future economic or...
Affiliate
Business concerns are affiliates if one concern...
Cash-basis Accounting
records revenue when cash is...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Assets
A balance sheet item which equals...

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