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.
Subsidiary
A company for which a majority of the...
Depreciation
A non-cash operating expense that...
Physical Loans
Funds to repair/replace dis...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Small Business
A business smaller than...
Prime Contract
A contract awarded directly...
Partnership
A type of unincorporated business org...
Affiliated Group
When two or more...
S-Corporation
A form of corporation, allowed by...
GPM%
The measure of every sales dollar left...
Acquisition
The acquiring of supplies or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
SCORE
Counselors to America's Small Bus...
NAICS
NAICS codes are common...
Income Statement
Shows the entity’s income and...

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