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
Extraordinary Items
Additional expenses that are outside “normal” operations and caused directly by the disaster.
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.
Full and Open Competition
With respect to a contract action...
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Affiliated Group
When two or more...
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Income Statement
Shows the entity’s income and...
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Comparative Analysis
Is designed to point out significant trends that...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Partnership
A type of unincorporated business org...
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Prime Contract
A contract awarded directly...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Affiliates
Business concerns, organizations, or...
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Physical Loans
Funds to repair/replace dis...
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Depreciation
A non-cash operating expense that...
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Electronic Data Interchange
Transmission of information bet...
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Duplicated Interest
The amount of interest exp...
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Guarantor
The legal entity and...
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