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.
Amortization
A non-cash operating expense that...
Working Capital (WC)
The amount of current assets that...
Injury Analysis
Measures the effects of...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Certificate of Competency
A certificate issued by the Small Bus...
SCORE
Counselors to America's Small Bus...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Electronic Data Interchange
Transmission of information bet...
Assets
The amount of current assets that is left...
Mentor
A business, usually large, or...
Sole Proprietor
an individual who...
Injury Period
The time period during...
Emerging Small Business
A small business concern whose...
Days Payable
A measure of the average time a...
Capital Leases
are for the purchase of fixed assets such as...

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