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.
Phase 1
Process used to determine the...
Joint Venture
In the SBA Mentor-Protégé Program...
Collateral
Assets pledged by a borrower to secure a loan...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Extraordinary Items
Additional expenses that are...
Phase 2
Process to be used to determine economic injury for...
Business Activity
The business (or loss) activity of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Request for Proposal (RFP)
A document outlining a...
Injury Period
The time period during...
Amortization
A non-cash operating expense that...
Equity
An accounting term used to...
Acquisition
The acquiring of supplies or...
Affiliate
Business concerns are affiliates if one concern...
Projection
An estimate of future economic or...

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