Glossary
SBA Terms

Affiliate

Business concerns are affiliates if one concern controls or has the power to control another, or if a third party controls or has the power to control both. Generally, an affiliate may be any concern of which the applicant, or its principals, owns greater than 50 percent or more.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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.
Lien
A legal claim against an...
Normal Annual Sales
Those sales that would have...
Subcontract
A contract between a prime cont...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Small Business
A business smaller than...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Depreciation
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Partnering
A mutually beneficial business-to-bus...
Contracting Officer
A person with the authority to...
Extraordinary Items
Additional expenses that are...
Phase 2
Process to be used to determine economic injury for...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Break-even Analysis
A calculation of the approximate sales...
Applicant/Co-Applicant
Business entity and person requesting...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2026 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org