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.
Physical Loans
Funds to repair/replace dis...
Comparative Analysis
Is designed to point out significant trends that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Protégé
A firm in a developmental stage that...
Small Disadvantaged Business Concern
A small business concern that...
Partnership
A type of unincorporated business org...
Small Business
A business smaller than...
SCORE
Counselors to America's Small Bus...
Collateral
Assets pledged by a borrower to secure a loan...
Contract
A mutually binding legal rel..
Lien
A legal claim against an...
Applicant Entity
The business entity requesting...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Current Liabilities
A balance sheet item, which...
Contracting
Purchasing, renting, leasing, or...

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