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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Negotiation
Contracting through the use of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Defense Contractor
Any person who enters into...
Phase 1
Process used to determine the...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Depreciation
A non-cash operating expense that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Comparative Analysis
Is designed to point out significant trends that...
Cash Flow Test
Part of the CET that determines if...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Amortization
A non-cash operating expense that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Contract
A mutually binding legal rel..
Partnership
A type of unincorporated business org...

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