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.
Standard Industrial Classification (SIC) Code
A code representing a category within...
Substantial Damage
This means uninsured or otherwise uncompensated...
Sole Proprietor
an individual who...
Break-even Analysis
A calculation of the approximate sales...
Applicant Entity
The business entity requesting...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Joint Venture
In the SBA Mentor-Protégé Program...
Intermediary Organization
Organizations that play a funda...
Primary Activity
The major business activity of...
Operating Leases
are deducted on the company’s...
Projection
An estimate of future economic or...
Working Capital (WC)
The amount of current assets that...
Subsidiary
A company for which a majority of the...
Amortization
A non-cash operating expense that...

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