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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Injury Analysis
Measures the effects of...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Full and Open Competition
With respect to a contract action...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Prime Contract
A contract awarded directly...
Contractor Team Arrangement
An arrangement in which...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business
A business smaller than...
Contracting
Purchasing, renting, leasing, or...
Cash-basis Accounting
records revenue when cash is...
Electronic Data Interchange
Transmission of information bet...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Negotiation
Contracting through the use of...
Depreciation
A non-cash operating expense that...

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