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.
Negotiation
Contracting through the use of...
Companion File
When an applicant has another application filed...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Period
The time period during...
Defense Contractor
Any person who enters into...
Sole Proprietor
an individual who...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Affiliate
Business concerns are affiliates if one concern...
Income Statement
Shows the entity’s income and...
Amortization
A non-cash operating expense that...
Injury Analysis
Measures the effects of...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Affiliated Group
When two or more...
Liabilities
A financial obligation...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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