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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Glossary
SBA Terms
Source: SBA.gov
Injury Period
The time period during which the business feels the adverse effects of the disaster.
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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Small Business
A business smaller than...
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Operating Leases
are deducted on the company’s...
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Electronic Data Interchange
Transmission of information bet...
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Comparative Analysis
Is designed to point out significant trends that...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Lien
A legal claim against an...
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Depreciation
A non-cash operating expense that...
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Liabilities
A financial obligation...
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Subsidiary
A company for which a majority of the...
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Contract
A mutually binding legal rel..
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Extraordinary Items
Additional expenses that are...
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SCORE
Counselors to America's Small Bus...
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