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.
Prime Contract
A contract awarded directly...
Negotiation
Contracting through the use of...
Primary Activity
The major business activity of...
Emerging Small Business
A small business concern whose...
Affiliate
Business concerns are affiliates if one concern...
Collateral
Assets pledged by a borrower to secure a loan...
Electronic Data Interchange
Transmission of information bet...
Comparative Analysis
Is designed to point out significant trends that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Affiliates
Business concerns, organizations, or...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contracting Officer
A person with the authority to...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...

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