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.
Cash-basis Accounting
records revenue when cash is...
Acquisition
The acquiring of supplies or...
Adjusted Net Worth
Post disaster fair market value of tangible...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Intermediary Organization
Organizations that play a funda...
Substantial Damage
This means uninsured or otherwise uncompensated...
Companion File
When an applicant has another application filed...
Contracting Officer
A person with the authority to...
Mentor
A business, usually large, or...
Corporation (C-corp.)
The most common form of business org...
Subcontract
A contract between a prime cont...
Emerging Small Business
A small business concern whose...
Fair and Reasonable Price
A price that is fair to both parties...
Affiliate
Business concerns are affiliates if one concern...
Capital Leases
are for the purchase of fixed assets such as...

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