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.
Trend Analysis
A comparative analysis of...
Sole Proprietor
an individual who...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Injury Analysis
Measures the effects of...
Projection
An estimate of future economic or...
S-Corporation
A form of corporation, allowed by...
Affiliate
Business concerns are affiliates if one concern...
Assets
The amount of current assets that is left...
Companion File
When an applicant has another application filed...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Guarantor
The legal entity and...
Certified 8(a) Firm
A firm owned and operated by socially and...
Contract
A mutually binding legal rel..
Break-even Analysis
A calculation of the approximate sales...

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