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.
Primary Activity
The major business activity of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Certificate of Competency
A certificate issued by the Small Bus...
Current Liabilities
A balance sheet item, which...
Small Business
A business smaller than...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Defense Contractor
Any person who enters into...
Duplicated Interest
The amount of interest exp...
Hardship Waiver
Method used to approve a...
Cash Flow Test
Part of the CET that determines if...
Comparative Analysis
Is designed to point out significant trends that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Partnership
A type of unincorporated business org...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...

Get the quick rundown on SBA Loans

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