Glossary
SBA Terms

SCORE

Counselors to America's Small Business is a 12,400-member volunteer association sponsored by the SBA. SCORE matches volunteer business-management counselors with present prospective small business owners in need of expert advice.

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.
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Trend Analysis
A comparative analysis of...
Substantial Damage
This means uninsured or otherwise uncompensated...
Intermediary Organization
Organizations that play a funda...
Primary Activity
The major business activity of...
Phase 2
Process to be used to determine economic injury for...
Comparative Analysis
Is designed to point out significant trends that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
NAICS
NAICS codes are common...
Partnering
A mutually beneficial business-to-bus...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Affiliate
Business concerns are affiliates if one concern...
Principal
the owner(s) of the Applicant Entity that...
B/E (Business EIDL) Loan
A business loan that...
Adjusted Net Worth
Post disaster fair market value of tangible...

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