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.
Normal Gross Margin
The margin that would have been...
Contract
A mutually binding legal rel..
Mentor
A business, usually large, or...
Amortization
A non-cash operating expense that...
Limited Partnership
A business organization with one or...
Applicant/Co-Applicant
Business entity and person requesting...
Current Assets
A balance sheet item which equals...
Best and Final Offer
For negotiated procurements...
Comparative Analysis
Is designed to point out significant trends that...
Subsidiary
A company for which a majority of the...
Phase 1
Process used to determine the...
Trend Analysis
A comparative analysis of...
Subcontract
A contract between a prime cont...
Projection
An estimate of future economic or...
Business Activity
The business (or loss) activity of...

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