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.
Affiliate
Business concerns are affiliates if one concern...
Defense Contractor
Any person who enters into...
GPM%
The measure of every sales dollar left...
Limited Partnership
A business organization with one or...
Primary Activity
The major business activity of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Break-even Analysis
A calculation of the approximate sales...
Amortization
A non-cash operating expense that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business
A business smaller than...
Electronic Data Interchange
Transmission of information bet...
Liabilities
A financial obligation...
Cash Flow Test
Part of the CET that determines if...
Current Liabilities
A balance sheet item, which...

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