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.
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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.
Explore 504 loans

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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Contracting
Purchasing, renting, leasing, or...
Full and Open Competition
With respect to a contract action...
Applicant Individual
aka who is requesting an SBA loan...
Acquisition
The acquiring of supplies or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Applicant Entity
The business entity requesting...
Joint Venture
In the SBA Mentor-Protégé Program...
Affiliate
Business concerns are affiliates if one concern...
NAICS
NAICS codes are common...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Break-even Analysis
A calculation of the approximate sales...
Mentor
A business, usually large, or...
Contractor Team Arrangement
An arrangement in which...

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