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.
Limited Partnership
A business organization with one or...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Current Assets
A balance sheet item which equals...
Primary Activity
The major business activity of...
Contracting Officer
A person with the authority to...
Subcontract
A contract between a prime cont...
Injury Period
The time period during...
S-Corporation
A form of corporation, allowed by...
Principal
the owner(s) of the Applicant Entity that...
Joint Venture
In the SBA Mentor-Protégé Program...
Current Liabilities
A balance sheet item, which...
Fair and Reasonable Price
A price that is fair to both parties...
Days Receivable
A measure of the average time a...
B/E (Business EIDL) Loan
A business loan that...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.