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.
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Disadvantaged Business Concern
A small business concern that...
Corporation (C-corp.)
The most common form of business org...
Companion File
When an applicant has another application filed...
Applicant Individual
aka who is requesting an SBA loan...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Certified 8(a) Firm
A firm owned and operated by socially and...
Injury Period
The time period during...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliated Group
When two or more...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...
Credit Score Test
Part of the home loan CET show a...
Partnering
A mutually beneficial business-to-bus...

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