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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Acquisition
The acquiring of supplies or...
Injury Analysis
Measures the effects of...
Extraordinary Items
Additional expenses that are...
Negotiation
Contracting through the use of...
Phase 2
Process to be used to determine economic injury for...
Limited Partnership
A business organization with one or...
Capital Leases
are for the purchase of fixed assets such as...
Lien
A legal claim against an...
Applicant Entity
The business entity requesting...
Subsidiary
A company for which a majority of the...
Adjusted Net Worth
Post disaster fair market value of tangible...
Affiliate
Business concerns are affiliates if one concern...
Partnership
A type of unincorporated business org...
Amortization
A non-cash operating expense that...

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