Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Glossary
SBA Terms
Source: SBA.gov
Coastal Barrier Resource Area (COBRA)
A flood prone area in which the government prohibits financial disaster assistance.
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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Protégé
A firm in a developmental stage that...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Working Capital (WC)
The amount of current assets that...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Business Activity
The business (or loss) activity of...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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NAICS
NAICS codes are common...
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Intermediary Organization
Organizations that play a funda...
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Full and Open Competition
With respect to a contract action...
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Projection
An estimate of future economic or...
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Physical Loans
Funds to repair/replace dis...
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Contracting Officer
A person with the authority to...
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Small Disadvantaged Business Concern
A small business concern that...
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