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.
Days Payable
A measure of the average time a...
Break-even Analysis
A calculation of the approximate sales...
Certified 8(a) Firm
A firm owned and operated by socially and...
Current Assets
A balance sheet item which equals...
Credit Score Test
Part of the home loan CET show a...
Companion File
When an applicant has another application filed...
S-Corporation
A form of corporation, allowed by...
Emerging Small Business
A small business concern whose...
GPM%
The measure of every sales dollar left...
Affiliate
Business concerns are affiliates if one concern...
Assets
The amount of current assets that is left...
Injury Analysis
Measures the effects of...
Affiliates
Business concerns, organizations, or...
Phase 1
Process used to determine the...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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