Glossary
SBA Terms

Subcontract

A contract between a prime contractor and a subcontractor to furnish supplies or services for the performance of a prime contract or subcontract.

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.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Collateral
Assets pledged by a borrower to secure a loan...
Principal
the owner(s) of the Applicant Entity that...
Prime Contract
A contract awarded directly...
Depreciation
A non-cash operating expense that...
Trend Analysis
A comparative analysis of...
Request for Proposal (RFP)
A document outlining a...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Income Statement
Shows the entity’s income and...
Phase 2
Process to be used to determine economic injury for...
Sole Proprietor
an individual who...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Hardship Waiver
Method used to approve a...
Guarantor
The legal entity and...
Protégé
A firm in a developmental stage that...
Full and Open Competition
With respect to a contract action...

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