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.
Affiliated Group
When two or more...
Capital Leases
are for the purchase of fixed assets such as...
Companion File
When an applicant has another application filed...
Mentor
A business, usually large, or...
Protégé
A firm in a developmental stage that...
Liabilities
A financial obligation...
Sole Proprietor
an individual who...
Applicant Individual
aka who is requesting an SBA loan...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Assets
The amount of current assets that is left...
Intermediary Organization
Organizations that play a funda...
Injury Period
The time period during...
Credit Elsewhere Test (CET)
The test to determine the...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.