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.
Phase 1
Process used to determine the...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Mentor
A business, usually large, or...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business
A business smaller than...
Defense Contractor
Any person who enters into...
Acquisition
The acquiring of supplies or...
Applicant Entity
The business entity requesting...
Prime Contract
A contract awarded directly...
Primary Activity
The major business activity of...
Cash-basis Accounting
records revenue when cash is...
Full and Open Competition
With respect to a contract action...
Collateral
Assets pledged by a borrower to secure a loan...
Credit Elsewhere Test (CET)
The test to determine the...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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