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.
Certificate of Competency
A certificate issued by the Small Bus...
Phase 1
Process used to determine the...
Fair and Reasonable Price
A price that is fair to both parties...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Sole Proprietor
an individual who...
Credit Elsewhere Test (CET)
The test to determine the...
Emerging Small Business
A small business concern whose...
Normal Gross Margin
The margin that would have been...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Business Activity
The business (or loss) activity of...
B/E (Business EIDL) Loan
A business loan that...
Contracting
Purchasing, renting, leasing, or...
Cash-basis Accounting
records revenue when cash is...
Assets
The amount of current assets that is left...
Defense Contractor
Any person who enters into...

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