Projection

An estimate of future economic or financial performance. Generally presented in the form of a Profit and Loss StatementP&L.

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.
Acquisition
The acquiring of supplies or...
Hardship Waiver
Method used to approve a...
Subcontract
A contract between a prime cont...
Defense Contractor
Any person who enters into...
Affiliated Group
When two or more...
Cash Flow Test
Part of the CET that determines if...
Companion File
When an applicant has another application filed...
Fair and Reasonable Price
A price that is fair to both parties...
Normal Gross Margin
The margin that would have been...
Principal
the owner(s) of the Applicant Entity that...
Applicant Entity
The business entity requesting...
Comparative Analysis
Is designed to point out significant trends that...
Credit Elsewhere Test (CET)
The test to determine the...
Capital Leases
are for the purchase of fixed assets such as...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.