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.
Current Liabilities
A balance sheet item, which...
Certified 8(a) Firm
A firm owned and operated by socially and...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Joint Venture
In the SBA Mentor-Protégé Program...
Subsidiary
A company for which a majority of the...
Credit Elsewhere Test (CET)
The test to determine the...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Guarantor
The legal entity and...
Full and Open Competition
With respect to a contract action...
Affiliated Group
When two or more...
Working Capital (WC)
The amount of current assets that...
Small Business
A business smaller than...
Fair and Reasonable Price
A price that is fair to both parties...
Assets
The amount of current assets that is left...

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