S-Corporation

A form of corporation, allowed by the IRS for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership.

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.
Phase 2
Process to be used to determine economic injury for...
Partnership
A type of unincorporated business org...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Guarantor
The legal entity and...
Small Business
A business smaller than...
Amortization
A non-cash operating expense that...
Days Receivable
A measure of the average time a...
SCORE
Counselors to America's Small Bus...
Electronic Data Interchange
Transmission of information bet...
Applicant Entity
The business entity requesting...
Capital Leases
are for the purchase of fixed assets such as...
Contracting Officer
A person with the authority to...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Cash-basis Accounting
records revenue when cash is...

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