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.
Injury Period
The time period during...
Depreciation
A non-cash operating expense that...
Assets
The amount of current assets that is left...
Business Activity
The business (or loss) activity of...
Negotiation
Contracting through the use of...
Request for Proposal (RFP)
A document outlining a...
GPM%
The measure of every sales dollar left...
Partnering
A mutually beneficial business-to-bus...
Trend Analysis
A comparative analysis of...
Substantial Damage
This means uninsured or otherwise uncompensated...
Primary Activity
The major business activity of...
Days Payable
A measure of the average time a...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Certificate of Competency
A certificate issued by the Small Bus...
Credit Score Test
Part of the home loan CET show a...

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