Injury Period

The time period during which the business feels the adverse effects of the disaster.

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.
Substantial Damage
This means uninsured or otherwise uncompensated...
Primary Activity
The major business activity of...
Limited Partnership
A business organization with one or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Comparative Analysis
Is designed to point out significant trends that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Trend Analysis
A comparative analysis of...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Small Business
A business smaller than...
B/E (Business EIDL) Loan
A business loan that...
Physical Loans
Funds to repair/replace dis...
Cash-basis Accounting
records revenue when cash is...
Negotiation
Contracting through the use of...
Mentor
A business, usually large, or...
Affiliate
Business concerns are affiliates if one concern...

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