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.
Affiliates
Business concerns, organizations, or...
Acquisition
The acquiring of supplies or...
Collateral
Assets pledged by a borrower to secure a loan...
Duplicated Interest
The amount of interest exp...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
S-Corporation
A form of corporation, allowed by...
Business Activity
The business (or loss) activity of...
Small Business
A business smaller than...
Contracting
Purchasing, renting, leasing, or...
Equity
An accounting term used to...
Credit Elsewhere Test (CET)
The test to determine the...
Best and Final Offer
For negotiated procurements...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Income Statement
Shows the entity’s income and...
Affiliate
Business concerns are affiliates if one concern...

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