Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Income Statement
Shows the entity’s income and expenses. (similar to a Profit & Loss Statement)
Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans
SBA 504 Loans
SBA 504 loans
are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans
SBA Microloans
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary
Common SBA Terms
Everything you need to know about common terms used to discuss SBA Loans.
P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Affiliates
Business concerns, organizations, or...
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Projection
An estimate of future economic or...
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NAICS
NAICS codes are common...
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Credit Score Test
Part of the home loan CET show a...
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Request for Proposal (RFP)
A document outlining a...
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Acquisition
The acquiring of supplies or...
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Days Payable
A measure of the average time a...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Small Disadvantaged Business Concern
A small business concern that...
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Limited Partnership
A business organization with one or...
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Injury Analysis
Measures the effects of...
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Days Receivable
A measure of the average time a...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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