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...
Contracting Officer
A person with the authority to...
Affiliated Group
When two or more...
Electronic Data Interchange
Transmission of information bet...
Normal Annual Sales
Those sales that would have...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Equity
An accounting term used to...
Small Disadvantaged Business Concern
A small business concern that...
Partnership
A type of unincorporated business org...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Affiliates
Business concerns, organizations, or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Certified 8(a) Firm
A firm owned and operated by socially and...
Assets
The amount of current assets that is left...

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