Glossary
SBA Terms

Small Business

A business smaller than a given size as measured by its employment, business receipts, or business assets.

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.
Explore 7a loans

SBA 504 Loans

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

SBA Microloans

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

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Affiliates
Business concerns, organizations, or...
Adjusted Net Worth
Post disaster fair market value of tangible...
Contract
A mutually binding legal rel..
NAICS
NAICS codes are common...
Days Payable
A measure of the average time a...
Normal Annual Sales
Those sales that would have...
Emerging Small Business
A small business concern whose...
Break-even Analysis
A calculation of the approximate sales...
Lien
A legal claim against an...
Acquisition
The acquiring of supplies or...
Limited Partnership
A business organization with one or...
Certificate of Competency
A certificate issued by the Small Bus...
Assets
The amount of current assets that is left...
Applicant/Co-Applicant
Business entity and person requesting...
Amortization
A non-cash operating expense that...

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