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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.
Contracting
Purchasing, renting, leasing, or...
Depreciation
A non-cash operating expense that...
Lien
A legal claim against an...
Equity
An accounting term used to...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Injury Period
The time period during...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
B/E (Business EIDL) Loan
A business loan that...
Defense Contractor
Any person who enters into...
NAICS
NAICS codes are common...
Affiliate
Business concerns are affiliates if one concern...
Joint Venture
In the SBA Mentor-Protégé Program...
Companion File
When an applicant has another application filed...
Adjusted Net Worth
Post disaster fair market value of tangible...
Request for Proposal (RFP)
A document outlining a...

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