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.
Protégé
A firm in a developmental stage that...
Injury Analysis
Measures the effects of...
Affiliated Group
When two or more...
Current Assets
A balance sheet item which equals...
Normal Gross Margin
The margin that would have been...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Subsidiary
A company for which a majority of the...
Amortization
A non-cash operating expense that...
Defense Contractor
Any person who enters into...
Joint Venture
In the SBA Mentor-Protégé Program...
Electronic Data Interchange
Transmission of information bet...
Request for Proposal (RFP)
A document outlining a...
Extraordinary Items
Additional expenses that are...
S-Corporation
A form of corporation, allowed by...
Depreciation
A non-cash operating expense that...

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