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.
NAICS
NAICS codes are common...
Hardship Waiver
Method used to approve a...
Limited Partnership
A business organization with one or...
Normal Gross Margin
The margin that would have been...
Normal Annual Sales
Those sales that would have...
Subcontract
A contract between a prime cont...
Mentor
A business, usually large, or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Current Liabilities
A balance sheet item, which...
Operating Leases
are deducted on the company’s...
Negotiation
Contracting through the use of...
SCORE
Counselors to America's Small Bus...
Adjusted Net Worth
Post disaster fair market value of tangible...
Contract
A mutually binding legal rel..
Equity
An accounting term used to...

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