Glossary
SBA Terms

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
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Normal Annual Sales
Those sales that would have...
Phase 1
Process used to determine the...
Cash Flow Test
Part of the CET that determines if...
Credit Score Test
Part of the home loan CET show a...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Mentor
A business, usually large, or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
B/E (Business EIDL) Loan
A business loan that...
Primary Activity
The major business activity of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Principal
the owner(s) of the Applicant Entity that...
Duplicated Interest
The amount of interest exp...
GPM%
The measure of every sales dollar left...
Applicant Individual
aka who is requesting an SBA loan...

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