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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Intermediary Organization
Organizations that play a funda...
Partnership
A type of unincorporated business org...
Primary Activity
The major business activity of...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Liabilities
A balance sheet item, which...
Injury Analysis
Measures the effects of...
Contractor Team Arrangement
An arrangement in which...
NAICS
NAICS codes are common...
Request for Proposal (RFP)
A document outlining a...
Certified 8(a) Firm
A firm owned and operated by socially and...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
GPM%
The measure of every sales dollar left...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...

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