Companion File

When an applicant, affiliate, and/or principal has another application filed for the same disaster for separate damages.

Updated on
September 9, 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.
Normal Annual Sales
Those sales that would have...
Contracting
Purchasing, renting, leasing, or...
Intermediary Organization
Organizations that play a funda...
Injury Analysis
Measures the effects of...
Emerging Small Business
A small business concern whose...
Applicant Individual
aka who is requesting an SBA loan...
Electronic Data Interchange
Transmission of information bet...
B/E (Business EIDL) Loan
A business loan that...
Defense Contractor
Any person who enters into...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Injury Period
The time period during...
Negotiation
Contracting through the use of...
Contractor Team Arrangement
An arrangement in which...
Fair and Reasonable Price
A price that is fair to both parties...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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