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
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
NAICS
NAICS codes are common...
Business Activity
The business (or loss) activity of...
Affiliated Group
When two or more...
Applicant/Co-Applicant
Business entity and person requesting...
Corporation (C-corp.)
The most common form of business org...
Guarantor
The legal entity and...
Best and Final Offer
For negotiated procurements...
Working Capital (WC)
The amount of current assets that...
Acquisition
The acquiring of supplies or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Affiliates
Business concerns, organizations, or...
Companion File
When an applicant has another application filed...
Applicant Individual
aka who is requesting an SBA loan...
B/E (Business EIDL) Loan
A business loan that...
Injury Period
The time period during...

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