NAICS

North American Industrial Classification System

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.
Normal Gross Margin
The margin that would have been...
S-Corporation
A form of corporation, allowed by...
Applicant/Co-Applicant
Business entity and person requesting...
Depreciation
A non-cash operating expense that...
NAICS
NAICS codes are common...
Trend Analysis
A comparative analysis of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Duplicated Interest
The amount of interest exp...
Days Receivable
A measure of the average time a...
Affiliated Group
When two or more...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Hardship Waiver
Method used to approve a...
Comparative Analysis
Is designed to point out significant trends that...
Intermediary Organization
Organizations that play a funda...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...

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