Small Business Development Centers (SBDC)

SBDCs offer a broad spectrum of business information and guidance as well as assistance in preparing loan applications.

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.
Adjusted Net Worth
Post disaster fair market value of tangible...
Phase 1
Process used to determine the...
Trend Analysis
A comparative analysis of...
Guarantor
The legal entity and...
Cash Flow Test
Part of the CET that determines if...
Applicant/Co-Applicant
Business entity and person requesting...
Hardship Waiver
Method used to approve a...
SCORE
Counselors to America's Small Bus...
Primary Activity
The major business activity of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Period
The time period during...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Partnership
A type of unincorporated business org...
Certified 8(a) Firm
A firm owned and operated by socially and...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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