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.
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Mentor
A business, usually large, or...
Contract
A mutually binding legal rel..
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...
B/E (Business EIDL) Loan
A business loan that...
Phase 2
Process to be used to determine economic injury for...
Current Liabilities
A balance sheet item, which...
Contracting Officer
A person with the authority to...
Affiliated Group
When two or more...
Sole Proprietor
an individual who...
Amortization
A non-cash operating expense that...
Duplicated Interest
The amount of interest exp...
Fair and Reasonable Price
A price that is fair to both parties...

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