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.
Affiliated Group
When two or more...
Contracting Officer
A person with the authority to...
Days Payable
A measure of the average time a...
Normal Gross Margin
The margin that would have been...
Contractor Team Arrangement
An arrangement in which...
Equity
An accounting term used to...
Projection
An estimate of future economic or...
Request for Proposal (RFP)
A document outlining a...
S-Corporation
A form of corporation, allowed by...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Partnership
A type of unincorporated business org...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Joint Venture
In the SBA Mentor-Protégé Program...
Primary Activity
The major business activity of...

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