Normal Annual Sales

Those sales that would have been attained had the disaster not occurred. To determine this figure, you must first review historical sales figures and identify the trends.

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.
Depreciation
A non-cash operating expense that...
Equity
An accounting term used to...
Credit Elsewhere Test (CET)
The test to determine the...
Limited Partnership
A business organization with one or...
Corporation (C-corp.)
The most common form of business org...
Projection
An estimate of future economic or...
Working Capital (WC)
The amount of current assets that...
Amortization
A non-cash operating expense that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
NAICS
NAICS codes are common...
Small Business
A business smaller than...
Subcontract
A contract between a prime cont...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Partnering
A mutually beneficial business-to-bus...
Normal Gross Margin
The margin that would have been...

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