Schedule of Liabilities

A business debt schedule that lists all of the debts the business currently owes, including creditor name; original amount due; original due date; current balance; repayment status; maturity date; payment amount and frequency; and how debt is secured.

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...
Guarantor
The legal entity and...
Small Business
A business smaller than...
Full and Open Competition
With respect to a contract action...
SCORE
Counselors to America's Small Bus...
Adjusted Net Worth
Post disaster fair market value of tangible...
S-Corporation
A form of corporation, allowed by...
Applicant Entity
The business entity requesting...
GPM%
The measure of every sales dollar left...
Working Capital (WC)
The amount of current assets that...
Liabilities
A financial obligation...
Income Statement
Shows the entity’s income and...
Extraordinary Items
Additional expenses that are...
Protégé
A firm in a developmental stage that...
B/E (Business EIDL) Loan
A business loan that...

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