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.
Trend Analysis
A comparative analysis of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Equity
An accounting term used to...
Phase 1
Process used to determine the...
Break-even Analysis
A calculation of the approximate sales...
Affiliate
Business concerns are affiliates if one concern...
Request for Proposal (RFP)
A document outlining a...
GPM%
The measure of every sales dollar left...
Operating Leases
are deducted on the company’s...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Defense Contractor
Any person who enters into...
Best and Final Offer
For negotiated procurements...
Depreciation
A non-cash operating expense that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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