Glossary
SBA Terms

Normal Gross Margin

The margin that would have been attained had the disaster not occurred. To determine this figure, you must first review historical sales figures and identify the trends.

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.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Phase 2
Process to be used to determine economic injury for...
Negotiation
Contracting through the use of...
Full and Open Competition
With respect to a contract action...
Joint Venture
In the SBA Mentor-Protégé Program...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Fair and Reasonable Price
A price that is fair to both parties...
Projection
An estimate of future economic or...
Partnership
A type of unincorporated business org...
Credit Elsewhere Test (CET)
The test to determine the...
Applicant Entity
The business entity requesting...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Injury Analysis
Measures the effects of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Applicant/Co-Applicant
Business entity and person requesting...
Sole Proprietor
an individual who...

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