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.
Assets
The amount of current assets that is left...
Joint Venture
In the SBA Mentor-Protégé Program...
Equity
An accounting term used to...
B/E (Business EIDL) Loan
A business loan that...
Applicant/Co-Applicant
Business entity and person requesting...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Defense Contractor
Any person who enters into...
Hardship Waiver
Method used to approve a...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Credit Elsewhere Test (CET)
The test to determine the...
Credit Score Test
Part of the home loan CET show a...
Small Disadvantaged Business Concern
A small business concern that...
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Current Liabilities
A balance sheet item, which...

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