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.
Contractor Team Arrangement
An arrangement in which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Small Disadvantaged Business Concern
A small business concern that...
Injury Analysis
Measures the effects of...
Fair and Reasonable Price
A price that is fair to both parties...
Business Activity
The business (or loss) activity of...
Cash Flow Test
Part of the CET that determines if...
B/E (Business EIDL) Loan
A business loan that...
GPM%
The measure of every sales dollar left...
Certificate of Competency
A certificate issued by the Small Bus...
Adjusted Net Worth
Post disaster fair market value of tangible...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Physical Loans
Funds to repair/replace dis...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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