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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Applicant/Co-Applicant
Business entity and person requesting...
Working Capital (WC)
The amount of current assets that...
Subsidiary
A company for which a majority of the...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Fair and Reasonable Price
A price that is fair to both parties...
S-Corporation
A form of corporation, allowed by...
Partnership
A type of unincorporated business org...
Limited Partnership
A business organization with one or...
Best and Final Offer
For negotiated procurements...
NAICS
NAICS codes are common...
Small Disadvantaged Business Concern
A small business concern that...
Affiliated Group
When two or more...
Phase 2
Process to be used to determine economic injury for...
Prime Contract
A contract awarded directly...

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