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.
Break-even Analysis
A calculation of the approximate sales...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Guarantor
The legal entity and...
Days Receivable
A measure of the average time a...
Emerging Small Business
A small business concern whose...
Principal
the owner(s) of the Applicant Entity that...
Applicant Individual
aka who is requesting an SBA loan...
Credit Score Test
Part of the home loan CET show a...
B/E (Business EIDL) Loan
A business loan that...
Duplicated Interest
The amount of interest exp...
Income Statement
Shows the entity’s income and...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Affiliated Group
When two or more...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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