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.
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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.
Request for Proposal (RFP)
A document outlining a...
Acquisition
The acquiring of supplies or...
S-Corporation
A form of corporation, allowed by...
Projection
An estimate of future economic or...
Injury Period
The time period during...
Small Disadvantaged Business Concern
A small business concern that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
GPM%
The measure of every sales dollar left...
Contracting Officer
A person with the authority to...
SCORE
Counselors to America's Small Bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Prime Contract
A contract awarded directly...
Income Statement
Shows the entity’s income and...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Lien
A legal claim against an...

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