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.
Income Statement
Shows the entity’s income and...
Intermediary Organization
Organizations that play a funda...
Comparative Analysis
Is designed to point out significant trends that...
SCORE
Counselors to America's Small Bus...
Physical Loans
Funds to repair/replace dis...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Contractor Team Arrangement
An arrangement in which...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Protégé
A firm in a developmental stage that...
S-Corporation
A form of corporation, allowed by...
Depreciation
A non-cash operating expense that...
Liabilities
A financial obligation...
Credit Score Test
Part of the home loan CET show a...
Small Business
A business smaller than...

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