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.
Small Business
A business smaller than...
Small Disadvantaged Business Concern
A small business concern that...
Liabilities
A financial obligation...
Injury Analysis
Measures the effects of...
Days Receivable
A measure of the average time a...
Lien
A legal claim against an...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Request for Proposal (RFP)
A document outlining a...
Contracting
Purchasing, renting, leasing, or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
SCORE
Counselors to America's Small Bus...
Applicant/Co-Applicant
Business entity and person requesting...
Phase 1
Process used to determine the...
Subcontract
A contract between a prime cont...
Contract
A mutually binding legal rel..

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