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.
Defense Contractor
Any person who enters into...
Companion File
When an applicant has another application filed...
Trend Analysis
A comparative analysis of...
Applicant/Co-Applicant
Business entity and person requesting...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Capital Leases
are for the purchase of fixed assets such as...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Cash Flow Test
Part of the CET that determines if...
Projection
An estimate of future economic or...
Normal Annual Sales
Those sales that would have...
GPM%
The measure of every sales dollar left...
Phase 2
Process to be used to determine economic injury for...
Affiliate
Business concerns are affiliates if one concern...
Injury Analysis
Measures the effects of...

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