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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Latest SBA Loan Rates ->
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Glossary
SBA Terms
Source: SBA.gov
Duplicated Interest
The amount of interest expensed that is added back to cash flow to prevent understating CASAD.
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.
Contracting
Purchasing, renting, leasing, or...
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Best and Final Offer
For negotiated procurements...
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GPM%
The measure of every sales dollar left...
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Primary Activity
The major business activity of...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Applicant Entity
The business entity requesting...
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Amortization
A non-cash operating expense that...
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Break-even Analysis
A calculation of the approximate sales...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Applicant/Co-Applicant
Business entity and person requesting...
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Defense Contractor
Any person who enters into...
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Normal Gross Margin
The margin that would have been...
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Physical Loans
Funds to repair/replace dis...
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Assets
The amount of current assets that is left...
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Duplicated Interest
The amount of interest exp...
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