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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Cash Flow Test
Part of the CET that determines if...
Trend Analysis
A comparative analysis of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Days Receivable
A measure of the average time a...
Hardship Waiver
Method used to approve a...
Full and Open Competition
With respect to a contract action...
Working Capital (WC)
The amount of current assets that...
Subcontract
A contract between a prime cont...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Small Business
A business smaller than...
B/E (Business EIDL) Loan
A business loan that...
Physical Loans
Funds to repair/replace dis...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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