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.
Full and Open Competition
With respect to a contract action...
Emerging Small Business
A small business concern whose...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
NAICS
NAICS codes are common...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Subsidiary
A company for which a majority of the...
S-Corporation
A form of corporation, allowed by...
Injury Analysis
Measures the effects of...
Phase 1
Process used to determine the...
Subcontract
A contract between a prime cont...
Principal
the owner(s) of the Applicant Entity that...
Normal Annual Sales
Those sales that would have...
Negotiation
Contracting through the use of...
Injury Period
The time period during...
Physical Loans
Funds to repair/replace dis...

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