GPM%

Gross Profit (GP) / Net Sales (NS). The measure of every sales dollar left after paying for the product; what percent of the sales dollar is left to cover operating costs and to create a profit.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Collateral
Assets pledged by a borrower to secure a loan...
Companion File
When an applicant has another application filed...
Trend Analysis
A comparative analysis of...
Contract
A mutually binding legal rel..
Prime Contract
A contract awarded directly...
Small Business
A business smaller than...
Business Activity
The business (or loss) activity of...
B/E (Business EIDL) Loan
A business loan that...
Contracting Officer
A person with the authority to...
S-Corporation
A form of corporation, allowed by...
Liabilities
A financial obligation...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Applicant/Co-Applicant
Business entity and person requesting...
Credit Elsewhere Test (CET)
The test to determine the...

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