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 ->
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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Applicant Individual
Individual requesting disaster loan assistance.
Updated on
September 8, 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.
Normal Gross Margin
The margin that would have been...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Depreciation
A non-cash operating expense that...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Current Liabilities
A balance sheet item, which...
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Cash-basis Accounting
records revenue when cash is...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Contractor Team Arrangement
An arrangement in which...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Income Statement
Shows the entity’s income and...
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NAICS
NAICS codes are common...
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Mentor
A business, usually large, or...
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Request for Proposal (RFP)
A document outlining a...
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