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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.
Injury Analysis
Measures the effects of...
Applicant/Co-Applicant
Business entity and person requesting...
Cash-basis Accounting
records revenue when cash is...
Certificate of Competency
A certificate issued by the Small Bus...
Depreciation
A non-cash operating expense that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Contracting
Purchasing, renting, leasing, or...
Income Statement
Shows the entity’s income and...
Prime Contract
A contract awarded directly...
Trend Analysis
A comparative analysis of...
Affiliated Group
When two or more...
Operating Leases
are deducted on the company’s...
Current Assets
A balance sheet item which equals...
Full and Open Competition
With respect to a contract action...
Applicant Individual
aka who is requesting an SBA loan...

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