Glossary
SBA Terms

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
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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.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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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.
B/E (Business EIDL) Loan
A business loan that...
Affiliated Group
When two or more...
Prime Contract
A contract awarded directly...
SCORE
Counselors to America's Small Bus...
Contracting Officer
A person with the authority to...
Comparative Analysis
Is designed to point out significant trends that...
Normal Annual Sales
Those sales that would have...
Trend Analysis
A comparative analysis of...
Small Business
A business smaller than...
Injury Period
The time period during...
Mentor
A business, usually large, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Companion File
When an applicant has another application filed...
Income Statement
Shows the entity’s income and...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

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