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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.
Primary Activity
The major business activity of...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Trend Analysis
A comparative analysis of...
Assets
The amount of current assets that is left...
Small Disadvantaged Business Concern
A small business concern that...
Contracting
Purchasing, renting, leasing, or...
Credit Elsewhere Test (CET)
The test to determine the...
Corporation (C-corp.)
The most common form of business org...
Days Payable
A measure of the average time a...
Adjusted Net Worth
Post disaster fair market value of tangible...
Cash-basis Accounting
records revenue when cash is...
Projection
An estimate of future economic or...
Days Receivable
A measure of the average time a...
Income Statement
Shows the entity’s income and...
S-Corporation
A form of corporation, allowed by...

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