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.
Injury Analysis
Measures the effects of...
Sole Proprietor
an individual who...
SCORE
Counselors to America's Small Bus...
NAICS
NAICS codes are common...
Electronic Data Interchange
Transmission of information bet...
Partnership
A type of unincorporated business org...
Amortization
A non-cash operating expense that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Extraordinary Items
Additional expenses that are...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Certified 8(a) Firm
A firm owned and operated by socially and...
Hardship Waiver
Method used to approve a...
Applicant Entity
The business entity requesting...
Equity
An accounting term used to...

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