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
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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.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Affiliated Group
When two or more...
Acquisition
The acquiring of supplies or...
Applicant Entity
The business entity requesting...
Affiliates
Business concerns, organizations, or...
Credit Elsewhere Test (CET)
The test to determine the...
Corporation (C-corp.)
The most common form of business org...
Affiliate
Business concerns are affiliates if one concern...
Projection
An estimate of future economic or...
Duplicated Interest
The amount of interest exp...
Electronic Data Interchange
Transmission of information bet...
Injury Analysis
Measures the effects of...
Partnership
A type of unincorporated business org...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Comparative Analysis
Is designed to point out significant trends that...

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