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.
Protégé
A firm in a developmental stage that...
Subcontract
A contract between a prime cont...
Current Liabilities
A balance sheet item, which...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Affiliates
Business concerns, organizations, or...
Contracting
Purchasing, renting, leasing, or...
Corporation (C-corp.)
The most common form of business org...
Credit Score Test
Part of the home loan CET show a...
Applicant Individual
aka who is requesting an SBA loan...
Certificate of Competency
A certificate issued by the Small Bus...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Break-even Analysis
A calculation of the approximate sales...
Mentor
A business, usually large, or...
Intermediary Organization
Organizations that play a funda...
Full and Open Competition
With respect to a contract action...

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