Glossary
SBA Terms

Small Business Development Centers (SBDC)

SBDCs offer a broad spectrum of business information and guidance as well as assistance in preparing loan applications.

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.
Primary Activity
The major business activity of...
Protégé
A firm in a developmental stage that...
Break-even Analysis
A calculation of the approximate sales...
NAICS
NAICS codes are common...
Phase 2
Process to be used to determine economic injury for...
Mentor
A business, usually large, or...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Income Statement
Shows the entity’s income and...
Days Payable
A measure of the average time a...
Business Activity
The business (or loss) activity of...
Comparative Analysis
Is designed to point out significant trends that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Equity
An accounting term used to...
Request for Proposal (RFP)
A document outlining a...
Credit Score Test
Part of the home loan CET show a...

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