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.
Collateral
Assets pledged by a borrower to secure a loan...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Affiliated Group
When two or more...
Physical Loans
Funds to repair/replace dis...
Days Receivable
A measure of the average time a...
Days Payable
A measure of the average time a...
Operating Leases
are deducted on the company’s...
Prime Contract
A contract awarded directly...
Corporation (C-corp.)
The most common form of business org...
Emerging Small Business
A small business concern whose...
Trend Analysis
A comparative analysis of...
Request for Proposal (RFP)
A document outlining a...
Subcontract
A contract between a prime cont...
Working Capital (WC)
The amount of current assets that...

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