Extraordinary Items

Additional expenses that are outside “normal” operations and caused directly by the disaster.

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.
Applicant Entity
The business entity requesting...
Extraordinary Items
Additional expenses that are...
Guarantor
The legal entity and...
Joint Venture
In the SBA Mentor-Protégé Program...
Injury Analysis
Measures the effects of...
Full and Open Competition
With respect to a contract action...
Defense Contractor
Any person who enters into...
Applicant Individual
aka who is requesting an SBA loan...
Limited Partnership
A business organization with one or...
Negotiation
Contracting through the use of...
Amortization
A non-cash operating expense that...
Electronic Data Interchange
Transmission of information bet...
Adjusted Net Worth
Post disaster fair market value of tangible...
Affiliated Group
When two or more...
Acquisition
The acquiring of supplies or...

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