Injury Analysis

Measures the effects of the disaster on the overall financial condition of the business.

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...
Electronic Data Interchange
Transmission of information bet...
Credit Score Test
Part of the home loan CET show a...
Contracting
Purchasing, renting, leasing, or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
GPM%
The measure of every sales dollar left...
Extraordinary Items
Additional expenses that are...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Sole Proprietor
an individual who...
Phase 1
Process used to determine the...
Acquisition
The acquiring of supplies or...
Credit Elsewhere Test (CET)
The test to determine the...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...

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