Mentor

A business, usually large, or other organization that has created a specialized program to advance strategic relationships with small businesses.

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.
Adjusted Net Worth
Post disaster fair market value of tangible...
Injury Analysis
Measures the effects of...
Business Activity
The business (or loss) activity of...
Equity
An accounting term used to...
Guarantor
The legal entity and...
Assets
The amount of current assets that is left...
Operating Leases
are deducted on the company’s...
Working Capital (WC)
The amount of current assets that...
Liabilities
A financial obligation...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Extraordinary Items
Additional expenses that are...
Depreciation
A non-cash operating expense that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
GPM%
The measure of every sales dollar left...
Applicant Entity
The business entity requesting...

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