Physical Loans

Funds to repair/replace disaster damaged or destroyed business assets such as real estate, inventory, machinery and equipment, etc.

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.
Comparative Analysis
Is designed to point out significant trends that...
Contracting Officer
A person with the authority to...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Mentor
A business, usually large, or...
Phase 2
Process to be used to determine economic injury for...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Companion File
When an applicant has another application filed...
Intermediary Organization
Organizations that play a funda...
Sole Proprietor
an individual who...
Contracting
Purchasing, renting, leasing, or...
Electronic Data Interchange
Transmission of information bet...
Substantial Damage
This means uninsured or otherwise uncompensated...
Full and Open Competition
With respect to a contract action...

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