Sole Proprietor

an individual who owns an unincorporated business by himself/ or herself.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Comparative Analysis
Is designed to point out significant trends that...
Working Capital (WC)
The amount of current assets that...
Primary Activity
The major business activity of...
B/E (Business EIDL) Loan
A business loan that...
Applicant Entity
The business entity requesting...
Small Business
A business smaller than...
Amortization
A non-cash operating expense that...
Injury Analysis
Measures the effects of...
Physical Loans
Funds to repair/replace dis...
GPM%
The measure of every sales dollar left...
Contract
A mutually binding legal rel..
Affiliates
Business concerns, organizations, or...
Trend Analysis
A comparative analysis of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Normal Gross Margin
The margin that would have been...

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