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.
Cash-basis Accounting
records revenue when cash is...
S-Corporation
A form of corporation, allowed by...
Corporation (C-corp.)
The most common form of business org...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
GPM%
The measure of every sales dollar left...
Subcontract
A contract between a prime cont...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Depreciation
A non-cash operating expense that...
Affiliated Group
When two or more...
Comparative Analysis
Is designed to point out significant trends that...
Collateral
Assets pledged by a borrower to secure a loan...
Defense Contractor
Any person who enters into...
Current Liabilities
A balance sheet item, which...
Fair and Reasonable Price
A price that is fair to both parties...
Prime Contract
A contract awarded directly...

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