Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
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Latest SBA Loan Rates ->
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Learn
How to Get an SBA Loan
Apply Online ->
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Glossary
SBA Terms
Source: SBA.gov
Affiliated Group
When two or more distinct legal entities are affiliated.
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.
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.
Prime Contract
A contract awarded directly...
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Electronic Data Interchange
Transmission of information bet...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Small Business
A business smaller than...
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Cash-basis Accounting
records revenue when cash is...
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Companion File
When an applicant has another application filed...
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Working Capital (WC)
The amount of current assets that...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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B/E (Business EIDL) Loan
A business loan that...
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Contractor Team Arrangement
An arrangement in which...
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Contracting Officer
A person with the authority to...
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Break-even Analysis
A calculation of the approximate sales...
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Phase 2
Process to be used to determine economic injury for...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Joint Venture
In the SBA Mentor-Protégé Program...
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