Corporation (C-corp.)

The most common form of business organization, and one, which is chartered by a state and given many legal rights as an entity separate from its owners. Characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern.

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.
Income Statement
Shows the entity’s income and...
Defense Contractor
Any person who enters into...
Normal Gross Margin
The margin that would have been...
Normal Annual Sales
Those sales that would have...
Phase 2
Process to be used to determine economic injury for...
Injury Period
The time period during...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Current Assets
A balance sheet item which equals...
Depreciation
A non-cash operating expense that...
Physical Loans
Funds to repair/replace dis...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Lien
A legal claim against an...
GPM%
The measure of every sales dollar left...
Days Receivable
A measure of the average time a...
Sole Proprietor
an individual who...

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