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.
Lien
A legal claim against an...
Working Capital (WC)
The amount of current assets that...
Duplicated Interest
The amount of interest exp...
Credit Elsewhere Test (CET)
The test to determine the...
Defense Contractor
Any person who enters into...
SCORE
Counselors to America's Small Bus...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Protégé
A firm in a developmental stage that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Affiliated Group
When two or more...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Acquisition
The acquiring of supplies or...

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