Physical Loans

Funds to repair/replace disaster damaged or destroyed business assets such as real estate, inventory, machinery and equipment, etc.

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.
Applicant Individual
aka who is requesting an SBA loan...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Limited Partnership
A business organization with one or...
Partnership
A type of unincorporated business org...
Equity
An accounting term used to...
Electronic Data Interchange
Transmission of information bet...
Trend Analysis
A comparative analysis of...
Contract
A mutually binding legal rel..
Phase 2
Process to be used to determine economic injury for...
Companion File
When an applicant has another application filed...
Emerging Small Business
A small business concern whose...
Hardship Waiver
Method used to approve a...
Best and Final Offer
For negotiated procurements...
Request for Proposal (RFP)
A document outlining a...
Primary Activity
The major business activity of...

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