Glossary
SBA Terms

Contracting Officer

A person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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.
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
NAICS
NAICS codes are common...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Cash-basis Accounting
records revenue when cash is...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Assets
The amount of current assets that is left...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Contracting Officer
A person with the authority to...
Trend Analysis
A comparative analysis of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Applicant/Co-Applicant
Business entity and person requesting...
Defense Contractor
Any person who enters into...
Normal Annual Sales
Those sales that would have...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Emerging Small Business
A small business concern whose...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2026 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org