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.
NAICS
NAICS codes are common...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Cash-basis Accounting
records revenue when cash is...
Limited Partnership
A business organization with one or...
Adjusted Net Worth
Post disaster fair market value of tangible...
Break-even Analysis
A calculation of the approximate sales...
Electronic Data Interchange
Transmission of information bet...
Working Capital (WC)
The amount of current assets that...
Depreciation
A non-cash operating expense that...
Best and Final Offer
For negotiated procurements...
Applicant Individual
aka who is requesting an SBA loan...
Small Disadvantaged Business Concern
A small business concern that...
Sole Proprietor
an individual who...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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