Glossary
SBA Terms

Defense Contractor

Any person who enters into a contract with the United States for the production of material or for the performance of services for the national defense.

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
A business smaller than...
Projection
An estimate of future economic or...
Affiliate
Business concerns are affiliates if one concern...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Companion File
When an applicant has another application filed...
Contracting Officer
A person with the authority to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Days Receivable
A measure of the average time a...
Liabilities
A financial obligation...
Primary Activity
The major business activity of...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Negotiation
Contracting through the use of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Credit Score Test
Part of the home loan CET show a...

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 © 2025 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org