Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Latest SBA Loan Rates ->
NEW: SBA Glossary ->
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Glossary
SBA Terms
Source: SBA.gov
Applicant/Co-Applicant
The individual(s) or legal entity requesting disaster loan assistance.
Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans
SBA 504 Loans
SBA 504 loans
are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans
SBA Microloans
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary
Common SBA Terms
Everything you need to know about common terms used to discuss SBA Loans.
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Duplicated Interest
The amount of interest exp...
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GPM%
The measure of every sales dollar left...
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Comparative Analysis
Is designed to point out significant trends that...
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Mentor
A business, usually large, or...
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Companion File
When an applicant has another application filed...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Guarantor
The legal entity and...
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Protégé
A firm in a developmental stage that...
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Emerging Small Business
A small business concern whose...
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Applicant Individual
aka who is requesting an SBA loan...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Liabilities
A financial obligation...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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