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.
Hardship Waiver
Method used to approve a...
Protégé
A firm in a developmental stage that...
Partnership
A type of unincorporated business org...
B/E (Business EIDL) Loan
A business loan that...
Income Statement
Shows the entity’s income and...
Injury Period
The time period during...
Amortization
A non-cash operating expense that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Normal Gross Margin
The margin that would have been...
Normal Annual Sales
Those sales that would have...
Projection
An estimate of future economic or...
Best and Final Offer
For negotiated procurements...
Injury Analysis
Measures the effects of...
S-Corporation
A form of corporation, allowed by...
Applicant/Co-Applicant
Business entity and person requesting...

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