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 Business
A business smaller than...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Projection
An estimate of future economic or...
Physical Loans
Funds to repair/replace dis...
Full and Open Competition
With respect to a contract action...
Current Liabilities
A balance sheet item, which...
Affiliate
Business concerns are affiliates if one concern...
Hardship Waiver
Method used to approve a...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Lien
A legal claim against an...
Subsidiary
A company for which a majority of the...
Extraordinary Items
Additional expenses that are...
Best and Final Offer
For negotiated procurements...

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