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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.
NAICS
NAICS codes are common...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Affiliates
Business concerns, organizations, or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
S-Corporation
A form of corporation, allowed by...
Small Disadvantaged Business Concern
A small business concern that...
Contracting
Purchasing, renting, leasing, or...
Days Receivable
A measure of the average time a...
Emerging Small Business
A small business concern whose...
Defense Contractor
Any person who enters into...
Request for Proposal (RFP)
A document outlining a...
Lien
A legal claim against an...
Credit Score Test
Part of the home loan CET show a...
Normal Annual Sales
Those sales that would have...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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