What factors are considered when SBA evaluates the economic disadvantage of an individual?
The individual’s net worth, after excluding the individual’s equity in the firm and the equity in the primary residence, may not exceed $250,000. SBA will also consider the individual’s average two-year income, fair market value of all assets, access to credit and capital, and the financial condition of the applicant firm in evaluating economic disadvantage. Back To Top 15.
Related Questions
- When evaluating economic disadvantage, does SBA include assets that an individual claiming disadvantaged has recently transferred to another individual?
- When evaluating economic disadvantage, does SBA include assets that an individual claiming disadvantage has recently transferred to another individual?
- What factors are considered when SBA evaluates the economic disadvantage of an individual?
