Income Statement

Shows the entity’s income and expenses. (similar to a Profit & Loss Statement)

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.
Trend Analysis
A comparative analysis of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Companion File
When an applicant has another application filed...
B/E (Business EIDL) Loan
A business loan that...
Small Disadvantaged Business Concern
A small business concern that...
Mentor
A business, usually large, or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Affiliates
Business concerns, organizations, or...
Partnering
A mutually beneficial business-to-bus...
Subcontract
A contract between a prime cont...
Sole Proprietor
an individual who...
Best and Final Offer
For negotiated procurements...
Depreciation
A non-cash operating expense that...
Defense Contractor
Any person who enters into...
Joint Venture
In the SBA Mentor-Protégé Program...

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