Glossary
SBA Terms

B/E (Business EIDL) Loan

A business loan that incorporates physical losses and economic injury for the same legal entity or individual.

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.
Subsidiary
A company for which a majority of the...
NAICS
NAICS codes are common...
Small Business
A business smaller than...
Best and Final Offer
For negotiated procurements...
Extraordinary Items
Additional expenses that are...
Cash-basis Accounting
records revenue when cash is...
Primary Activity
The major business activity of...
Capital Leases
are for the purchase of fixed assets such as...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Partnership
A type of unincorporated business org...
Days Receivable
A measure of the average time a...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Amortization
A non-cash operating expense that...
Full and Open Competition
With respect to a contract action...
Injury Analysis
Measures the effects of...

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