Glossary
SBA Terms

Primary Activity

The major business activity of the single legal entity or affiliated group, which is their predominant field of operation. (Commonly known as the Main Activity)

Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Business Activity
The business (or loss) activity of...
Days Receivable
A measure of the average time a...
Current Liabilities
A balance sheet item, which...
Break-even Analysis
A calculation of the approximate sales...
Subsidiary
A company for which a majority of the...
Electronic Data Interchange
Transmission of information bet...
Intermediary Organization
Organizations that play a funda...
Normal Annual Sales
Those sales that would have...
Capital Leases
are for the purchase of fixed assets such as...
SCORE
Counselors to America's Small Bus...
Mentor
A business, usually large, or...
Working Capital (WC)
The amount of current assets that...
Sole Proprietor
an individual who...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Applicant Entity
The business entity requesting...

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