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.
Operating Leases
are deducted on the company’s...
Sole Proprietor
an individual who...
Negotiation
Contracting through the use of...
Electronic Data Interchange
Transmission of information bet...
Partnering
A mutually beneficial business-to-bus...
Subcontract
A contract between a prime cont...
Duplicated Interest
The amount of interest exp...
Current Assets
A balance sheet item which equals...
Liabilities
A financial obligation...
Credit Score Test
Part of the home loan CET show a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Contracting
Purchasing, renting, leasing, or...
GPM%
The measure of every sales dollar left...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Subsidiary
A company for which a majority of the...

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