Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Extraordinary Items
Additional expenses that are...
Normal Annual Sales
Those sales that would have...
Fair and Reasonable Price
A price that is fair to both parties...
Small Business
A business smaller than...
Contractor Team Arrangement
An arrangement in which...
Sole Proprietor
an individual who...
S-Corporation
A form of corporation, allowed by...
Contracting
Purchasing, renting, leasing, or...
Phase 1
Process used to determine the...
Assets
The amount of current assets that is left...
Mentor
A business, usually large, or...
Business Activity
The business (or loss) activity of...
Projection
An estimate of future economic or...

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